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<blockquote data-quote="MrFedEx" data-source="post: 928136" data-attributes="member: 12508">LOL!! The &quot;plan&quot; is to have couriers topped-out in 8-10 years. What a bold-faced EFFING lie!! Perhaps the better question to ask would be if Dave, Fred, and MT3 are also covered under the PPP. I can assure you that they (and the pilots) are not. You cannot trust management at this company...ever.Please remember that the &quot;justification&quot; for ending the Traditional Pension Plan (ended in 2008) was that &quot;FedEx needed to fully fund it&#039;s pension plan according to the ERISA laws&quot;. This is pure 100% crap. FedEx saw an opportunity to kill the retirement plan and did so, playing-off of the financial problems that passenger airlines were experiencing. Fedex had no financial peril whatsoever, so this was a screwing-over of employees...plain and simple. Our old retirement plan, which wasn&#039;t particularly generous, went the way of the dodo. $120M sounds like a lot of money until you look at the profitability of the company and how little wages have been raised over the last 20 years. Fred has simultaneously raised our out-of-pocket costs at every opportunity while giving-out piddly raises that didn&#039;t even keep up with the cost of living. That&#039;s quite a feat.Until we have a union, there is absolutely no reason or incentive for upper management to deal with us fairly. Time to sign those cards and start understanding that being in a union is your only real alternative to the lousy treatment you are receiving.</blockquote>

[QUOTE="MrFedEx, post: 928136, member: 12508"] LOL!! The "plan" is to have couriers topped-out in 8-10 years. What a bold-faced EFFING lie!! Perhaps the better question to ask would be if Dave, Fred, and MT3 are also covered under the PPP. I can assure you that they (and the pilots) are not. You cannot trust management at this company...ever. Please remember that the "justification" for ending the Traditional Pension Plan (ended in 2008) was that "FedEx needed to fully fund it's pension plan according to the ERISA laws". This is pure 100% crap. FedEx saw an opportunity to kill the retirement plan and did so, playing-off of the financial problems that passenger airlines were experiencing. Fedex had no financial peril whatsoever, so this was a screwing-over of employees...plain and simple. Our old retirement plan, which wasn't particularly generous, went the way of the dodo. $120M sounds like a lot of money until you look at the profitability of the company and how little wages have been raised over the last 20 years. Fred has simultaneously raised our out-of-pocket costs at every opportunity while giving-out piddly raises that didn't even keep up with the cost of living. That's quite a feat. Until we have a union, there is absolutely no reason or incentive for upper management to deal with us fairly. Time to sign those cards and start understanding that being in a union is your only real alternative to the lousy treatment you are receiving. [/QUOTE]

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