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<blockquote data-quote="MrFedEx" data-source="post: 1975121" data-attributes="member: 12508"><p>Here's the exact language from the letter extending the retirement age to 62. "FedEx is required to make this change to the Pension Plan. The change ensures that the Pension Plan complies with the requirement that a plan's normal retirement age not be "earlier than the earliest retirement age that is reasonably representative of the typical retirement age for the industry in which the covered workforce is employed". Applicable regulations allow the plan to adopt a normal retirement age of 62 to comply with this requirement".</p><p></p><p>Whose requirement, FedEx? Is this the SSA? Why not tell us? I smell a rat, and his name is Smith.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1975121, member: 12508"] Here's the exact language from the letter extending the retirement age to 62. "FedEx is required to make this change to the Pension Plan. The change ensures that the Pension Plan complies with the requirement that a plan's normal retirement age not be "earlier than the earliest retirement age that is reasonably representative of the typical retirement age for the industry in which the covered workforce is employed". Applicable regulations allow the plan to adopt a normal retirement age of 62 to comply with this requirement". Whose requirement, FedEx? Is this the SSA? Why not tell us? I smell a rat, and his name is Smith. [/QUOTE]
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