Termination

Discussion in 'FedEx Discussions' started by bigbird00, Sep 15, 2012.

  1. bigbird00

    bigbird00 Member

    Does anyone know if you keep your pension if you are termitated?
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    As long as you are vested----yes. You have earned that pension and will collect it when you reach Normal Retirement Age, which is usually 65.
     
  3. vantexan

    vantexan Well-Known Member

    Full retirement at 60. Can take it as early as 55 but is reduced 3% for each year before 60.
     
  4. GoodGrief

    GoodGrief New Member

    Fully vester after 5 years.
     
  5. Goldilocks

    Goldilocks Well-Known Member

    Did you get terminated, gosh I hate that word...
     
  6. Necropostophiliac

    Necropostophiliac Well-Known Member

    I agree. It is so harsh and final. I was on the edge once and almost "terminated"
    The Lord had Mercy on me.
     
  7. Rhoderunner

    Rhoderunner Active Member

    Funny, we get 'terminated' but if you're upper management types you 'part ways'. :angry:
     
  8. MrFedEx

    MrFedEx Engorged Member

    Upper management "leaves to pursue other opportunities", even if they were banging the help, embezzling, blackmailing, or otherwise screwing the pooch.