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Wonder where your raise went this year?
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<blockquote data-quote="MrFedEx" data-source="post: 695060" data-attributes="member: 12508"><p>First, the "old" pension plan was much less than the UPS pension plan. The current PPP shouldn't even be compared because it isn't a pension plan at all. It's a small annuity that is portable in the sense that when you quit, a piddly little sum leaves with you. My 50% pension under the traditional plan is almost exacly <em>half </em> what local UPS package car drivers will get when they quit. Plus, they make much more money (even with union dues) and have a real grievance process that keeps most from getting prematurely canned. I'll trade my flight benefits, PSP, GFT, and every other worthless acronym we have for a fair deal like UPS gets...in a second.</p><p> </p><p>On market levels. Using your logic, our top execs and most of our pilots should be subject to extreme market-level scrutiny since they live in Memphis, where homes cost a fraction of what they generally do out west. Of course, they have to live in a place that has very little going for it other tha FedEx and Gracelend. Anyone up for a trip to Mud Island?</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 695060, member: 12508"] First, the "old" pension plan was much less than the UPS pension plan. The current PPP shouldn't even be compared because it isn't a pension plan at all. It's a small annuity that is portable in the sense that when you quit, a piddly little sum leaves with you. My 50% pension under the traditional plan is almost exacly [I]half [/I] what local UPS package car drivers will get when they quit. Plus, they make much more money (even with union dues) and have a real grievance process that keeps most from getting prematurely canned. I'll trade my flight benefits, PSP, GFT, and every other worthless acronym we have for a fair deal like UPS gets...in a second. On market levels. Using your logic, our top execs and most of our pilots should be subject to extreme market-level scrutiny since they live in Memphis, where homes cost a fraction of what they generally do out west. Of course, they have to live in a place that has very little going for it other tha FedEx and Gracelend. Anyone up for a trip to Mud Island? [/QUOTE]
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