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<blockquote data-quote="fedex435" data-source="post: 927408" data-attributes="member: 36884"><p>I've been a courier with Fedex for 9yrs. I keep hearing about how our pension is nothing like it used to be. When I was first hired my manager at the time he told me that you take your highest five years of earnings and you will receive 50% upon retirement. My monthly benefit now would be around $325. Thats about 1/4 of my earnings. Can somebody explain what changed with the pension? I work at a small station and don't believe the veteran couriers have any clue. When the news came out about our wonderful new raises I about lost it. My Senior manager will be at our station sometime this week giving us the company line as to why we should be happy with the raises. He told us a while back that you didn't want to be maxed out because then you wouldn't have anything to look forward to!!! I wanted to punch the *********** in the gut. I asked a few coworkers if that bozo really said that. I want to educate myself as much as possible so when I confront my senior I can intelligently call him on all of his BS. Your help would be greatly appreciated...any suggested sites or how to do this?</p></blockquote><p></p>
[QUOTE="fedex435, post: 927408, member: 36884"] I've been a courier with Fedex for 9yrs. I keep hearing about how our pension is nothing like it used to be. When I was first hired my manager at the time he told me that you take your highest five years of earnings and you will receive 50% upon retirement. My monthly benefit now would be around $325. Thats about 1/4 of my earnings. Can somebody explain what changed with the pension? I work at a small station and don't believe the veteran couriers have any clue. When the news came out about our wonderful new raises I about lost it. My Senior manager will be at our station sometime this week giving us the company line as to why we should be happy with the raises. He told us a while back that you didn't want to be maxed out because then you wouldn't have anything to look forward to!!! I wanted to punch the *********** in the gut. I asked a few coworkers if that bozo really said that. I want to educate myself as much as possible so when I confront my senior I can intelligently call him on all of his BS. Your help would be greatly appreciated...any suggested sites or how to do this? [/QUOTE]
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