Protecting Yourself Financially From COVID-19: April Helping Hands EAP Newsletter

Protecting Yourself Financially From COVID-19: April Helping Hands EAP Newsletter

EAP Peer Coordinators:

 
     This issue addresses how to protect your finances from the impact of corona virus. There is a special addendum with specific steps to help with handling budgets. This information is from the Consumer Financial Protection Bureau, (www.consumerfinance.gov). This is a very informative web site with lots of great free financial information. 
 
     The entire issue has many hyperlinks to relevant web sites. The issue is best distributed electronically, so the hyperlinks can be accessed. If you can’t send it electronically, you may want to be able to share the links with your co-workers as they express interest in a specific  topic. I am happy to help if you have any trouble accessing any of the links. 
 
     It is important to anticipate what might happen after the CARES act funds end, September 30. We have a few months for everyone to look at their financial situation and to prepare for tough times. We can refer co-workers to  the web sites within the issue. Let’s be there to help when questions arise and financial information can be beneficial. 
 

     Thank you for getting this information out. I appreciate your efforts as we step up getting information out to our membership. 

 

 

Bryan,

Bryan Hutchinson, M.S.

Helping Hands Special Edition V

 

There are ways to get help if you are struggling to pay your bills due to the financial impact of COVID-19. If you can still pay your bills, you will likely be better off staying on track. Keep in mind that if you decide to use a program that lets you pause or reduce payments, you will still owe the money you have not paid once the program ends.

You have options.

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Machinists Union Opposes Delta and JetBlue Taking Bailout Money and Cutting Workers’ Pay

Machinists Union Opposes Delta and JetBlue Taking Bailout Money and Cutting Workers’ Pay

The International Association of Machinists and Aerospace Workers (IAM) today demanded that Delta Air Lines and JetBlue Airways, who received taxpayer-funded federal funds, reverse course and restore airline workers’ pay.

“The payroll support component for air carriers in the CARES Act requires that taxpayer-funded grant dollars be used to maintain the pay and benefits of the dedicated JetBlue and Delta workers who have made your airlines successful and who are risking their lives every day by providing essential services to the American public,” said IAM District 141 and 142 Presidents Mike Klemm and Dave Supplee in a letter to the two airlines’ CEOs. “It is our understanding that tens of thousands of Delta and JetBlue workers have taken unpaid voluntary leaves in order to aid the carriers in reducing labor costs, yet you have implemented unconscionable policies to reduce the pay of those workers that remain. At Delta, thousands of workers are being forced to work fewer hours per week without pay. At JetBlue, workers have been forced to take 24 days of unpaid leave from now until September 30, 2020. The grant money that you demanded and received was calculated using these workers’ compensation and is meant to maintain their salaries and benefits through this crisis.”

Both Delta Air Lines and JetBlue Airways applied for and received direct, taxpayer-funded federal grants under the CARES Act. As a condition of taking the direct grant federal funds, air carriers are prohibited from cutting airline workers’ pay and benefits and from laying off workers until September 30, 2020.

“Hundreds of thousands of IAM members in every sector of our union proudly called elected officials and demanded action to protect the industries in which we work,” continued Klemm and Supplee. “Now, opportunist corporate actors such as yourselves are using that good faith support of airline workers around the country and at every carrier to screw your own workforces and greedily undermine the intent of the federal stimulus funds that you demanded.”

READ THE ENTIRE LETTER HERE. The IAM is the world’s largest airline union and represents over 600,000  members. More information about the IAM and our campaigns to organize Delta and JetBlue workers is available at www.iamdelta.net, www.iamjetblue.com and IAMDeltaworkersunite.

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“We Will Fight” IAM District President Mike Klemm Responds to United Effort to Slash Workers to Part-Time

“We Will Fight” IAM District President Mike Klemm Responds to United Effort to Slash Workers to Part-Time

April 23, 2020

I would like to inform the District 141 membership at United Airlines that management has advised the IAM that they are considering converting all full-time Airport Operations employees to part-time, which could amount up to a 50 percent pay cut, to save money.

IAM District 141, consequently, advised United management that we are prepared to sue them in federal court if they take this action because we believe that any type of furlough or reduction in pay and/or benefits before September 30, 2020, is a violation of the CARES Act. We will also fight United in the political and public arenas and let our elected officials and the public know that United Airlines management is accepting billions of dollars in taxpayer-funded bailout money with one hand and screwing its workforce with the other.

United applied for and received $5 billion under the CARES Act: $3.5 billion as a direct grant for payroll support, which does not need to be paid back and $1.5 billion in very low-interest loans. United also has access to an additional $4.5 billion in federal loans. As a condition of taking the payroll support, the CARES Act mandates that workers’ pay and benefits not be reduced, nor can workers be involuntarily laid-off before September 30, 2020.

The amount of direct grant aid and loans that United was eligible for was calculated based on payroll from April 1, 2019, to September 30, 2019. Over the last couple of months, more than 20,000 United workers have taken voluntary leaves, which has drastically reduced payroll costs. You don’t have to have a Ph.D. in math to understand that something is very wrong here. Unbelievably, that is not enough for United management. They are considering cutting 13,000+ IAM-represented full-time workers’ pay by up to 50 percent. This is absolutely unconscionable and cannot stand.

I very much understand that the airline industry is in a crisis. But, that’s exactly why every AFL-CIO airline union, led by thousands of calls and activism by IAM members and other airline union members, non-represented airline workers, and the airlines themselves fought for the CARES Act. We worked together to save airline workers’ jobs, pay, benefits, and the industry. Now, instead of following the rules of the CARES Act, United is engaging in shaky lawyering, looking for legal loopholes instead of exhibiting leadership and integrity.

We have, however, offered United management different ideas to increase, expand, and enhance voluntary programs that would reduce United’s costs during this very tough time. We will continue to work with them to find mutually agreeable solutions to help United Airlines.

But, if we are forced to have a fight, we WILL fight.

Mike Klemm

President and Directing General Chair,
District 141, International Association of Machinists and Aerospace Workers

Recording Secretaries: print and post on all IAMAW bulletin boards.

Explaining the Political Priorities of IAMAW District 141

Explaining the Political Priorities of IAMAW District 141

Explaining the Political Priorities of the Machinists and Aerospace Union, Dist. 141

IAMAW District 141 Legislative Director, Dave Roderick sits down with Dave LeHive to explain how important the work of the Machinists Non-Partisan Political League is during the COVID-19 Crisis and beyond.

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MNPL Update From IAM141 Legislative Director, David Roderick

MNPL Update From IAM141 Legislative Director, David Roderick

Legislative Update from IAMAW 141 MNPL Director, David Roderick

District 141 MNPL Director offers several updates on efforts by the IAMAW to support airline workers through legislation and public policy through the COVID-19 Crisis. 

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IAM Veterans Home Caregivers: ‘We’re Their Family Right Now’

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IAM to Hold Virtual Workers’ Memorial Day on April 28

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Union-Busting Cases Against Boeing in South Carolina Move Forward

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International President of the IAMAW Addresses the COVID-19 Crisis

International President of the IAMAW Addresses the COVID-19 Crisis

A Message to The Membership of the IAMAW

IAM International President Robert Martinez Jr. brings members up to date on the union’s response to the COVID-19 pandemic and the resources available to the membership.

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IAM Veterans Home Caregivers: ‘We’re Their Family Right Now’

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IAM to Hold Virtual Workers’ Memorial Day on April 28

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