Unless you're a long-term employee who had many years under the traditional retirement plan, just how are you ever going to retire from your FedEx "career"? Whether you're 41 with 10 years invested in this company, or 21 and just starting out, you both face the same issue. I'm continually amazed by people in their 20's and 30's who never think they will get old and retire someday. Under the old plan, at least you had a steady stream of guaranteed income that would allow a livable retirement. Under the PPP, it's almost totally up to you to provide that income, and how are you going to do it with the puny 401k match, tiny portable payout, and wages that have never kept pace with the cost of living? The easy answer is that you probably won't do it, and that when you hit your late 40's or 50's it will be too late to ever catch-up. Your paycheck to paycheck wage scale almost ensures you won't be able to save or invest enough to pull it off. For the haters, I've already maxed-out under the old plan with 25 years, so I'm not thinking about me. I see all the 35 year-olds out there who have 7 or 8 years at FedEx who are looking at a 16% payout from the traditional plan and the embarassment that is the PPP when they "retire" someday and I wonder what the heck is wrong with them as they continue "believing" the Purple Promise and PSP. Here's the reality. You don't mean squat to FedEx and you're being used-up as quickly as possible until the next sucker takes your place. When will you ever get it? Unless you stand-up for yourselves now, you will have nothing in the future, and that's exactly the way FedEx wants it. All of those execs and pilots are set for life when they hang it up, and they will have done it off of your sweat and sacrifice. You essentially get nothing, and they will be laughing all the way to the bank. And people wonder why I hate FedEx so much. Please stop being stupid and see the reality of your situation. I'm sure some of you Free Market types are "sure" your 401k and other investments will see you through, but even your rugged individualism and Horatio Alger spirit won't be a viable substitute for a true retirement.