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WOW!! A Fully-Funded Pension
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<blockquote data-quote="MrFedEx" data-source="post: 735381" data-attributes="member: 12508"><p>I can post whenever and wherever I'm near a location that allows me to do so, and I'll leave it at that. Technology is wonderful, and mobile. And I don't need to "accept" the loss of our pension. I can do something to possibly get it back, and that's where a union comes-in. Don't you think our non-pension will be a major topic of discussion and negotiation if we get a contract? I think Smith is much more afraid of having to bring-back a real retirement plan than he is of paying a couple of additional bucks an hour or changing top-out times.</p><p></p><p>And as far as your "pittance" goes, I probably know more than you think I do. For example, a very good manager friend of mine has shared his retirement statement with me. With 20 years in at FedEx, the vast majority of those as a manager, and 16 years under the old plan, guess how much he'll receive at normal retirement age? The huge sum of just less than $3,000 per month. Wow!! And that's for a manager making over $100,000 per year. So you can brag about how "much" you're going to get as much as you'd like...I know differently. I won't divulge exact figures because it's very possible FedEx could figure-out who this individual is. I'm guessing you're an ops manager, so whatever you are making isn't far removed from this person unless you are much higher on the totem pole. Chances are, you make less, because he was in a major market.</p><p> </p><p>Historically, managers have been much more replacable at FedEx, with turnover rates that were sky high until the recent recession, so get your facts right before you start spewing lies here. Many hourlies avoided management due to the low starting pay, high turnover, and soul-selling requirements of the job. Ethically, I could never bring myself to the point of a) being a professional shill and liar for the corporation or b) selling my soul to a company that would gladly use me like a trash can liner and then throw me away when I was used-up. When they dump you, send us a picture from beneath the bus so we know what it looks like, OK?</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 735381, member: 12508"] I can post whenever and wherever I'm near a location that allows me to do so, and I'll leave it at that. Technology is wonderful, and mobile. And I don't need to "accept" the loss of our pension. I can do something to possibly get it back, and that's where a union comes-in. Don't you think our non-pension will be a major topic of discussion and negotiation if we get a contract? I think Smith is much more afraid of having to bring-back a real retirement plan than he is of paying a couple of additional bucks an hour or changing top-out times. And as far as your "pittance" goes, I probably know more than you think I do. For example, a very good manager friend of mine has shared his retirement statement with me. With 20 years in at FedEx, the vast majority of those as a manager, and 16 years under the old plan, guess how much he'll receive at normal retirement age? The huge sum of just less than $3,000 per month. Wow!! And that's for a manager making over $100,000 per year. So you can brag about how "much" you're going to get as much as you'd like...I know differently. I won't divulge exact figures because it's very possible FedEx could figure-out who this individual is. I'm guessing you're an ops manager, so whatever you are making isn't far removed from this person unless you are much higher on the totem pole. Chances are, you make less, because he was in a major market. Historically, managers have been much more replacable at FedEx, with turnover rates that were sky high until the recent recession, so get your facts right before you start spewing lies here. Many hourlies avoided management due to the low starting pay, high turnover, and soul-selling requirements of the job. Ethically, I could never bring myself to the point of a) being a professional shill and liar for the corporation or b) selling my soul to a company that would gladly use me like a trash can liner and then throw me away when I was used-up. When they dump you, send us a picture from beneath the bus so we know what it looks like, OK? [/QUOTE]
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