Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
FedEx Pension lies
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="fedex_rtd" data-source="post: 1518791" data-attributes="member: 23671"><p>There is no future with FedEx! Short term, you will have a job and be able to put food on the table and live a rather basic life, most of the guys at my station are married and their wives make more per hour than they do and half of them are actually on the wife's health care plan.</p><p></p><p>Long term there is no real future, you will not have a retirement program that you can rely on. The 401k plan was NEVER meant for hourly employees. It was designed for higher wage earning salary employees that did not qualify for a traditional pension plan. Telling lower wage earning hourly employees that this is your retirement plan, requires those hourly workers to put a large percentage of their earnings into the 401k. </p><p></p><p>How many of you older guys can afford to take $25000 per year out of your take home pay and put it into a savings/investment plan? I would guess the percentage is rather low, but if you do not MAX out your 401k plan every year, then you will NOT have enough to retire on.</p><p></p><p>If you stay with FedEx I hope you get used to the taste of dog and cat food, because you will not be dining on fine food in your old age.</p></blockquote><p></p>
[QUOTE="fedex_rtd, post: 1518791, member: 23671"] There is no future with FedEx! Short term, you will have a job and be able to put food on the table and live a rather basic life, most of the guys at my station are married and their wives make more per hour than they do and half of them are actually on the wife's health care plan. Long term there is no real future, you will not have a retirement program that you can rely on. The 401k plan was NEVER meant for hourly employees. It was designed for higher wage earning salary employees that did not qualify for a traditional pension plan. Telling lower wage earning hourly employees that this is your retirement plan, requires those hourly workers to put a large percentage of their earnings into the 401k. How many of you older guys can afford to take $25000 per year out of your take home pay and put it into a savings/investment plan? I would guess the percentage is rather low, but if you do not MAX out your 401k plan every year, then you will NOT have enough to retire on. If you stay with FedEx I hope you get used to the taste of dog and cat food, because you will not be dining on fine food in your old age. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
FedEx Pension lies
Top