Jetnet Retirees Aa (2024)

FAQs

How do you retire from American Airlines? ›

WHAT DO YOU NEED TO RETIRE? You are eligible to retire from American Airlines as early as age 55 with at least 10 years of Company Seniority. Once you retire from American Airlines, you will no longer be on payroll. To compensate for this loss of pay, you will need money in order to retire.

You can enroll in retiree medical coverage any time after retirement, up to the age of 65. Call the Benefits Service Center at 888-860-6178 if you miss the annual online retiree medical enrollment window. American reserves the right to amend or terminate the retiree medical plan at any time.

Welcome to the American Airlines Pension Service Center

After Nov 1, 2022 to perform any future pension modelings contact Fidelity at netbenefits.com/aa or call the American Airlines Service Center at Fidelity at 800-354-3412.

If you're already under your spouse's coverage, your spouse will need to remove you from coverage before you can enroll yourself by calling the Benefit Service Center (1-888-860-6178).

Three US airlines are ranked in the country's top 401(k) plans. Southwest, United Airlines and American Airlines all feature in the top 43 US 401k plans compiled by independent datatracker BrightScope. Southwest Airlines Pilots' Retirement Savings Plan ranked third in the US, up one place from fourth in 2009.

Do retired airline employees fly for free? If they want to deal with the rigmarole of flying purely standby, yes, they can typically fly for free on the airline with which they retired.

You must be age 55 with10 years of company service. With the exception of a Medical Leave of Absence, all Flight Attendants must retire from active status or voluntary furlough. If you were age 50 with 10 years of service as of May 1, 2003, you also met the eligibility requirements for early retirement.

It depends on your performance during your tenure there, but yes, potentially you could be eligible for rehire.

To obtain a Buddy Pass, one must be an American Airlines employee or retiree.

Information for senior travelers

Early boarding is available if you need more time or assistance boarding. You must identify yourself to the gate agent to request early boarding. Wheelchair assistance is available to help with long distances at the airport.

What to do when an Air Force retiree dies? ›

Surviving spouse, full retirement age or older—100% of your benefit amount. Surviving spouse, age 60 to full retirement age—71½ to 99% of your basic amount. A child under age 18 (19 if still in elementary or secondary school) or has a disability—75%.

Your American Airlines 401(k) plan is designed to provide funds for your retirement and is regulated by federal tax law. As a result, there are certain restrictions for borrowing or withdrawing money from your 401(k) account, particularly as an active team member.

Current Requirements

The "Age 60 Rule" in the airlines was in place from 1959 until 2007, but because of the Fair Treatment for Experienced Pilots Act, they raised the maximum age for Part 121 pilots to 65.

Free Flights (If Space Available) - Unlimited space available travel for free for all employees, domestic partners/spouses, children, parents/in-laws (small fee) and 16 buddy passes/year (small fee). Can travel anywhere, anytime on AA, Delta, United and all other partner airlines.