AFA Council 27 News

INSIDE THIS ISSUE - June 11, 2016

• DOA June 16th
• Back to Basics from SHS Chair Craig Macinnes
• 401K Deadline

               DOA   4:30pm   Thursday June 16th

  We will be doing an action that we have done the past two months.  Full uniform with red AFA pin.   RSVP to this email if you are free, we need exact numbers for Massport.  If you cannot because of the time of the event it is very understandable.  We would rather you wait for another event than to take a space from someone that can be there without question.   If you have questions call Andrew at 617 671-5912.  We will be meeting outside the base.

 

BACK TO SAFETY BASICS

WE CONTINUE TO RECEIVE SIMILAR INQUIRIES ABOUT SAFETY PROCEDURES, WE HOPE THE ANSWERS PROVIDED BELOW, ASSIST WITH ANSWERING COMMON QUESTIONS.

-No item(s) can be stowed on coat hooks that would exceed the posted maximum weight that is placarded.

-Overhead bins that are placarded “SAFETY EQUIPMENT ONLY” are not approved storage locations for either passenger or Crewmember carry-on bags or items.  Only designated emergency equipment may be stowed in these placarded bins; carry-on items can NOT be commingled with emergency equipment.

Note: Overhead bins that have built-in “dividers,” that separate emergency equipment from stowed carry-on items allow both to be stowed in same bin as long as they are not commingled.

-Crew bags that are stowed behind the last row of seats must be “secured”. How to determine if an item is secured? The article must be stowed underneath the seat so it cannot rise up and/or slide out into the aisle creating a safety hazard.

-Galley carts and carriers are not appropriate nor the designated storage location for Flight Attendant (or passenger) bags. Stowage of items in these locations have resulted in items being left on the aircraft or taken away by catering.  Instead, it is important we document why we are stowing item in locations not designated and highlight why it is important to have stowage locations for Flight Attendants items (such as passport, badge and FAOM/LINK) near our work locations.  At the current time, these concerns would be best addressed by filing an ASRS. 

The coat hook in the galley of the 737 was not certified to be used as a paper towel dispenser, doing so, does not meet Federal Regulations. Although we understand the frustration with not having paper towel dispenser, it is important that we document the safety implications for not having them easily accessible using ASRS reporting system.

Report safety issues, concerns or regulatory violations by filing an ASRS report.  Reports should identify the safety issue(s) or regulatory violations and provide your personal insight into how the safety hazard or violation occurred.  ASRS reports are for inadvertent FAR or company policy and procedures violations or reporting potential safety issues. (Temporary replacement for ISAP)

You can file an ASRS report at the following Link:  http://asrs.arc.nasa.gov/report/caveat.html?formType=cabin. Please ensure that you provide a copy of your ASRS report to Local Safety, Health & Security Chair, Craig MacInnes.

If you need to report an event that had no safety issues or implications, you would file an IOR report.  Please remember to select the “COPY to AFA” box.  This ensures that AFA will be able to track and trend events as well as monitor company response to your reports. If you need any assistance with filing reports or questions, please contact Craig at 781-608-1799 or cmacinnes@unitedafa.org.

 

401(k) Plan Investment Election Window Ends in 4 Days, June 14th
There are four (4) days left until the investment election window ends for the United Airlines Flight Attendant 401(k) Plan.

During the election period, which ends June 14th, you will have the opportunity to make investment elections at Fidelity.  It is important that you take this time to understand how the funds in your account will transfer if you do not make an investment election.  You can make your investment elections by calling Fidelity Service Center for United Airlines at (800) 245-9034 (From International locations (508) 787 9902).

A blackout period will apply from June 23- the week of July 3rd.  The blackout period for the plan will begin with restriction on transactions involving United Continental Holdings, Inc. Stock Fund at 4:00PM ET on June 23, 2016.  (This stock fund is closed to new investments.)

All remaining transactions will be restricted at 4:00 PM ET on June 29, 2016.  As of this time you will be unable to direct or diversify the assets held in your Plan account. For this reason, it is critical that you review and consider the appropriateness of your current investments in light of what will be your inability to direct or diversify these investments during the blackout period.

For more information about the 401(k) Plan and the changes being made please review the previous article Upcoming Changes to our 401(k) Plan on our website, or call your Local Council Office.


Upcoming Changes to our 401(k) Plan

Date: May 24, 2016
Source: AFA Article

Effective July 1, 2016, the United Airlines Flight Attendant 401(k) Plan is being updated.  While the plan will in many ways be the same as before, there are some important changes including an updated investment menu. There are new features and actions that you can choose to take in regards to your account.

There are a number of key dates to keep in mind as they relate to the upcoming changes in the United Airlines Flight Attendant 401(k) Plan.

During the period between May 16th - June 14th, you will have the opportunity to make investment elections at Fidelity.  It is important that you take this time to understand how the funds in your account will transfer if you do not make an investment election.

A blackout period will apply from June 23- the week of July 3rd.  The blackout period for the plan will begin with restriction on transactions involving United Continental Holdings, Inc. Stock Fund at 4:00PM ET on June 23, 2016.  (This stock fund is closed to new investments.)

All remaining transactions will be restricted at 4:00 PM ET on June 29, 2016.  As of this time you will be unable to direct or diversify the assets held in your Plan account. For this reason, it is critical that you review and consider the appropriateness of your current investments in light of what will be your inability to direct or diversify these investments during the blackout period.

The blackout period is expected to end during the week of July 3, 2016.  You can get information on the status of the opening or closing of the blackout period by calling Fidelity Service Center for United Airlines at (800) 245 9034 (From International locations (508) 787 9902).

As of July 3rd, our updated 401(k) Plan will have a new plan number (90296).  After this date, you must be certain you are selecting this plan if you wish to make changes to your 401(k) plan participation.  At this time and as a new feature, you will be able to access your 401(k) Plan account in one of two ways:

  • NetBenefits® at www.401k.com
  • Via the Employee Services tab on the company’s website

Calculation of Employer Contributions
As a result of this transition to the new 401(k) Plan, Employer contributions will now be calculated by Fidelity.  Since these will no longer be calculated by payroll, employer contributions will no longer appear on your pay advice, with the exception of those Flight Attendants at international locations who receive their contributions as taxable cash.   Starting the week of July 3rd, you can view your employer contributions online at Fidelity NetBenefits® at www.401k.com or via the company’s website as described above.

As required by Section 34.B.7.b. of our Contract, the company matching contribution will be made each pay period.

Your Contribution Rate
Your contribution rate on file as of 4:00 PM ET will transfer to your updated 401(k) plan.  Contributions will continue uninterrupted.

Roth In-Plan Conversion
The new plan will provide a new option to potentially reduce future income taxes on money eligible to be withdrawn allowing you to change some of your pre-tax and post-tax dollars into Roth post-tax dollars otherwise known as a Roth In-Plan Conversion.  By using this feature, you can:

  • Diversify your retirement assets between Roth and non-Roth accounts.
  • Receive potentially federally tax-free earning and withdrawals.

Contact a tax professional for specific advice on your personal situation.

New Contribution Type
The plan will also allow employees to make post-tax contributions.  Post-tax contributions can be made  above the annual 401(k) limit and allow for diversification strategies within the plan.

Beneficiary Designations
Beneficiary designations will transfer to your updated 401(k) plan.  Starting the week of July 3rd, you are encouraged to go online to confirm that your beneficiary designations are up to date.

Rebalance Services
The 401(k) Auto Rebalance and 401(k) Rebalance Notification service is designed to help you maintain a consistent asset allocation over time.  If you are currently enrolled in this service, your enrollment will NOT carry forward to the updated investment menuIf you are interested in re-establishing this service or to enroll, you may do so by accessing your account during the week of July 3rd.

Additional information is available via the Fidelity Transition and Investment Decision Guide that was mailed to your home address of company record or from Fidelity at 800-245-9034.

As always, thanks for staying informed.

 Call any officer if you have questions.

671 567-5560-office number

 

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