MrFedEx
Engorged Member
Sorry hoss, but traditional defined benefit pensions are going by the wayside because funding them is nowhere near as easy as it once was. See Motors, General.
GM was about to go bankrupt, whereas FedEx was extremely profitable at the time Fred decided we didn't need the Traditional Plan any longer. Another of your comparisons between apples and oranges that make no sense at all. FedEx didn't need to dump the Pension Plan, but of course, you are defending it. What a surprise.