I never said there shouldn't be a pension or SS. If I get a pension, fine. If I get SS, fine. Companies are not REQUIRED to give you a pension. Whatever I get from those 2 I consider a bonus, not my sole source of income when I retire. In case, you haven't noticed, companies, for the most part, do pay as little as they can get away with, be it union, non-union, office job, management, etc. If they paid to little, they wouldn't have employees. It's MY responsibility how to live and save on what I get paid, not FedEx's. I want a new truck. CAN I buy one? Yes. Does it make sense financially? No, and I know it. Not because of what FedEx pays me, but because I take that money and put in my retirement fund. My wife quit her job to go back to school. So, effective tomorrow, we are a 1 income family for the next 3 years. Will it be easy? No. But, my retirement savings contributions will not change, because THAT comes first. Even if it means selling the house and buy something cheaper.
I understand your point of view, I just don't agree with it. But, it is YOUR decision to stay at FedEx, not FedEx's, not MrFedEx's, not Dano and not mine.
2 questions for you: What would you say/do to the government if they did away with SS? What if FedEx decided to stop funding a pension fund tomorrow?