Aerospace is in the midst of its Annual Holiday Gift Drive; again, it’s entirely virtual. The drive is ending early this year – December 1st, only a week from now – but if you can support it, here is the information from Corporate Affairs and Communication:
Aerospace Virtual Holiday Gift Drive
There’s still time to participate in the 2023 Aerospace Holiday Gift Drive, which ends on December 1! The initiative allows us to spread the joy and warmth to those in need this festive season. We invite each and every one of you to be part of this wonderful tradition at Aerospace and make a meaningful difference in your community!
Here’s how you can participate:
Participate in the Aerospace Virtual Holiday Gift Drive
Open Enrollment period for retirees is 12/3 – 12/10. 2024 charts and eGuide will be posted by 12/3.
If you are currently covered by an Aerospace Medicare HMO plan, you must switch to the Aerospace Anthem Medicare Preferred PPO or register for a new plan with Alight or coverage will be terminated effective 12/31/23.
Aerospace also notes that our 2024 AERP pension variable unit values will be mailed at the end of December. In the past, the new unit value would have been posted on the webpage before the end of December, but that’s much more uncertain these days.
Your Yearly AERP Pension Update
Annual pension benefit statements are mailed at the end of December.
Please click here to access the Aerospace Retirees’ Portal, where the company has listed the 2023 variable unit value and the fixed benefit COLA.
Additional pension plan information can be found on the same page under the “Retirement” drop-down menu. If you’re interested in seeing the history of the variable unit values back to 1990, please click here.
The “Payment Value” column is the number used to calculate the variable portion of our pension payment (multiply the variable unit value by the number of units you have; that number can be found on your annual Northern Trust statement).
To preserve history, ARC is capturing the variable unit values back to 1961; we’ll post it here on the ARC website when it is completed.
The Aerospace Retirees’ Club Invites you and a guest to join us for our first Virtual Zoom Holiday Party on Thursday, December 3, 2020. This invitation is open to all Aerospace Retirees. You need not be a Club Member to attend.
This Event will reconnect our entire Aerospace Retirement Community. The Party will begin at 10:30 AM for West Coast Retirees, 11:30 AM for Mountain Zone Retirees, 12:30 PM for Central Zone Retirees, 1:30 PM for East Coast Retirees.
Thanks to funding from the Aerospace Employees Association (AEA), we have arranged for professional Zoom support from Ripple FX. This also allows us to make this historic nation-wide Aerospace Retirees’ Party open to all retirees. Please tell your fellow retirees.
Click HERE for the flyer and information on how to register.
This year the annual AEA Holiday Dinner Dance will be a Horn Blower Cruise in Marina del Rey. Come out and enjoy the MDR Boat Parade, Fireworks, Casino Night, Dinner Buffet and a DJ and Dancing. Tickets are $75 each. Aerospace retirees are invited. Click HERE for registration form and mail it in with your check to AEA, 2310 E. El Segundo Blvd., El Segundo, CA 90245.