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I work for DAL now and wondering whats going to be happening to me, as well when I retire can we chat? This change, coupled with the decrease in wages, meant that Uniteds pension funding obligations were dramatically reduced because Members at retirement age on average would not be able to accrue a greater pension benefit for at least six years, if not for the rest of their careers. A former Northwest flight attendant explained that Delta takes money from their workers compensation settlement out of their Northwest pensions. I said, Fine, write me up, see if I care.. Pensions are to be immediately increased by 86 percent from a rate of $35 to $65. Aviation consultant Michael Boyd said Northwest has no incentive and no time to renegotiate large changes to that contract. Copyright 2016 Pension Appraisers Online, Inc. All Rights Reserved. This website is using a security service to protect itself from online attacks. Find out more about Flight Attendant salaries and benefits at Northwest Airlines. These minimum standards include minimum funding contributions to the plan so that the plan can cover the benefits due to all of the vested participants. Airline pilots used to get a sweet deal. Companies use actuaries to determine a variety of factors when calculating benefit changes from single-life annuity to JSA retirement plans, such as what inflation will mean for future monthly benefits and when spouses are likely to die. From the beginning the union leadership fought to frustrate and beat down a considerable determination on the part of flight attendants to achieve a contract that addressed their concerns. Flight attendants who spoke to the WSWS described a regime of speedup and intimidation by management that increases the risk of injury. There have never been more shoulder injuries in the history of the company, one woman said. If American were to terminate the plans, which have about 130,000 participants, the PBGC could be hit with its biggest-ever loss. The highest salaried attendants under the old agreement were paid around $40,000. Delta - RAA God forbid you ever be late, one flight attendant said. 05-3200, 11/1/05). Michelle is an injured Amazon worker in Texas who for a year was denied surgery to correct wrist injuries sustained on the job, and who was subjected to surveillance and harassment by private investigators hired by Sedgwick, Amazons third-party workers compensation administrator. that reports on class action lawsuits, class action settlements, For example, workers compensation. How it Works as of lately we get a lot of short calls and that puts a strain on my life. PFAA didnt end up to be what many people had hoped it could be.. Flight Attendant professionals rate their compensation and benefits at Northwest Airlines with 3.4 out of 5 stars based on 18 anonymously submitted employee reviews. I am not only "Just a number" but even less. The people you work with. Pension Benefit Guaranty Corporation The PFAA had said it had the right to strike if Northwest imposed terms on its members. When the Air Transportation Stabilization Board (ATSB) first denied Uniteds loan guarantee in December of 2002 and citing future pension obligations as one of the four key issues in its denial of the loan, we all became aware that employee pension plan minimum funding targets may be in jeopardy.