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Fedex Pension question
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<blockquote data-quote="seanxke" data-source="post: 4298389" data-attributes="member: 79240"><p>Hello,</p><p></p><p>I just got hired on to FedEx Ground as a package handler will be doing my orientation This Tuesday. I have read that FedEx will be getting rid of the pension for new hires starting in January 2020 and just be doing the 401k thing basically. My question is since I have been hired on before January 2020 am I eligible for a pension in the benefit package once I hit my 1000 hours in the company? I am just asking as It would be the next year then once I would hit the 1000 hours , so I might not be able to get the Pension more than likely with the benefit package? Just the standard health, 401k, and the other things?</p><p></p><p>Something I am curious about. It sucks they are stopping the pension. I know UPS has one and the USPS. But I know FedEx is a good company to work for from what I have read and good benefits as well. I was looking for a job with a Pension and I knew FedEx had one but just found out this news a couple weeks back.</p><p></p><p>I can't say I am not surprised about this as more and more companies are stopping the pensions and going in the route with 401k.</p></blockquote><p></p>
[QUOTE="seanxke, post: 4298389, member: 79240"] Hello, I just got hired on to FedEx Ground as a package handler will be doing my orientation This Tuesday. I have read that FedEx will be getting rid of the pension for new hires starting in January 2020 and just be doing the 401k thing basically. My question is since I have been hired on before January 2020 am I eligible for a pension in the benefit package once I hit my 1000 hours in the company? I am just asking as It would be the next year then once I would hit the 1000 hours , so I might not be able to get the Pension more than likely with the benefit package? Just the standard health, 401k, and the other things? Something I am curious about. It sucks they are stopping the pension. I know UPS has one and the USPS. But I know FedEx is a good company to work for from what I have read and good benefits as well. I was looking for a job with a Pension and I knew FedEx had one but just found out this news a couple weeks back. I can't say I am not surprised about this as more and more companies are stopping the pensions and going in the route with 401k. [/QUOTE]
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