The PPA is not a pension plan...it's an annuity. Big difference, one that you obviously do not understand. I don't care about 14% of Fortune 500 companies...I care about the one I work for. You know, the one with industry leading wages and benefits? Please note your careful choice of words "PENSION and a 401k". What percentage have a pension? A 401k essentially means a self-funded retirement, especially since the FedEx match is a joke.
FedEx didn't need to kill the pension, but Fred did because he could (no way to oppose him), and had legions of Kool-Aid drinkers like you who were dumb enough to believe him.
Luckily, Kool-Aid consumption is way down.