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<blockquote data-quote="MrFedEx" data-source="post: 1196630" data-attributes="member: 12508"><p>I think he's smoking something else...under the desk. When FedEx dropped the Traditional Plan back in 2008, one of their main justifications was that they had to have a fully-funded pension plan under ERISA laws. This was very convenient for Fred, because he could point to some of the major airlines ditching their pension plans and claim FedEx was an "airline". Now, it looks like they're going to try and float "legacy costs". You know, those expensive "legacy couriers" who are making maybe $1700 per month (at most) on their pitiful Traditional Plan? </p><p></p><p>Let's see if they try and float this new turd.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1196630, member: 12508"] I think he's smoking something else...under the desk. When FedEx dropped the Traditional Plan back in 2008, one of their main justifications was that they had to have a fully-funded pension plan under ERISA laws. This was very convenient for Fred, because he could point to some of the major airlines ditching their pension plans and claim FedEx was an "airline". Now, it looks like they're going to try and float "legacy costs". You know, those expensive "legacy couriers" who are making maybe $1700 per month (at most) on their pitiful Traditional Plan? Let's see if they try and float this new turd. [/QUOTE]
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