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WOW!! A Fully-Funded Pension
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<blockquote data-quote="MrFedEx" data-source="post: 735495" data-attributes="member: 12508"><p>First off, there IS a list. It's been shown to me and exists. If it's a "creation", then shame on them for using another intimidation tactic. I seriously doubt that my district is the only one that has such a thing. Second, judging by your username, you started with FedEx in 2000. That would give you a maximum of 8 years under the Traditional Plan and 2 under the PPA. One would think that doesn't represent a great amount of money. If you are an Ops Manager, you're also under the PPA, and there are plenty of them that don't care for it either.</p><p> </p><p>I really love the way you and the other "Free Market" types get on here and rationalize the loss of our pension. Just "get rid of it" to maximize profit and make the employee almost totally responsible for their own retirement. Horatio Alger and his tea-bag descendants are both very proud of you. Fred didn't have to eliminate it, but he did because he could. The passenger airline crisis was a boon for Fred because he could claim his "airline" was suffering too, even though profits were at record levels. It was just a convenient excuse that came along at exactly the right time for him to make his case. </p><p> </p><p>Your post basically reads like a list of FedEx talking points. which isn't surprising. Spinning-it so it sounds like you are doing us a favor by allowing us to keep our jobs is the company line all the way, which <strong>would </strong>make you one of their shills, wouldn't it? Please don't insult my intelligence with the usual excuses. I've heard them all before, and none of them hold pass the smell test. Keep trying, OK?</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 735495, member: 12508"] First off, there IS a list. It's been shown to me and exists. If it's a "creation", then shame on them for using another intimidation tactic. I seriously doubt that my district is the only one that has such a thing. Second, judging by your username, you started with FedEx in 2000. That would give you a maximum of 8 years under the Traditional Plan and 2 under the PPA. One would think that doesn't represent a great amount of money. If you are an Ops Manager, you're also under the PPA, and there are plenty of them that don't care for it either. I really love the way you and the other "Free Market" types get on here and rationalize the loss of our pension. Just "get rid of it" to maximize profit and make the employee almost totally responsible for their own retirement. Horatio Alger and his tea-bag descendants are both very proud of you. Fred didn't have to eliminate it, but he did because he could. The passenger airline crisis was a boon for Fred because he could claim his "airline" was suffering too, even though profits were at record levels. It was just a convenient excuse that came along at exactly the right time for him to make his case. Your post basically reads like a list of FedEx talking points. which isn't surprising. Spinning-it so it sounds like you are doing us a favor by allowing us to keep our jobs is the company line all the way, which [B]would [/B]make you one of their shills, wouldn't it? Please don't insult my intelligence with the usual excuses. I've heard them all before, and none of them hold pass the smell test. Keep trying, OK? [/QUOTE]
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