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FedEx Express NON-DOT Courier
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<blockquote data-quote="vantexan" data-source="post: 2416791" data-attributes="member: 24302"><p>And since 2003 all newhires were under the portable pension. Those people only have that and the 401k. Kind of hard to fund your 401k on suppressed wages and 3% contributions on the portable pension don't amount to much after the first 10 years. In other words a whole generation of couriers had to work a long time with little to show for it. There was little incentive to stay long term. Today's newhires will have it better IF FedEx keeps it's word, but they still won't have the traditional pension you enjoy or the much better medical you enjoyed for most of your career. Now excuse me, I'm going to go skip thru a field of daisies while singing "Cause I'm Happy."</p></blockquote><p></p>
[QUOTE="vantexan, post: 2416791, member: 24302"] And since 2003 all newhires were under the portable pension. Those people only have that and the 401k. Kind of hard to fund your 401k on suppressed wages and 3% contributions on the portable pension don't amount to much after the first 10 years. In other words a whole generation of couriers had to work a long time with little to show for it. There was little incentive to stay long term. Today's newhires will have it better IF FedEx keeps it's word, but they still won't have the traditional pension you enjoy or the much better medical you enjoyed for most of your career. Now excuse me, I'm going to go skip thru a field of daisies while singing "Cause I'm Happy." [/QUOTE]
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