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FedEx Discussions
How Bad Will Peak Be?
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<blockquote data-quote="59 Dano" data-source="post: 5039179" data-attributes="member: 23516"><p>You don't know what you're talking about. </p><p></p><p>The max pension benefit for a FedEx pilot is $130,000. That's if he works 25 years and had at least 5 years of earnings of $260,000. If he's lucky he started with FedEx in his early 30's, so he'll be between 57 and 60 if he retires at 25 years of service. He goes to ABX or Atlas and starts at the bottom of their pay progression, making about half what he made at FedEx. </p><p></p><p>Soooooooo... he quits a job making close to $300k, starts collecting a pension of $130k, takes a job doing the SAME THING (with no seniority or any of the perks that come with it) for less than half the pay of the FedEx job that he left. Pension and new salary combined, he's making less than if he stayed. </p><p></p><p>Brilliant plan, Falcon. That's why you have so much credibility here.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 5039179, member: 23516"] You don't know what you're talking about. The max pension benefit for a FedEx pilot is $130,000. That's if he works 25 years and had at least 5 years of earnings of $260,000. If he's lucky he started with FedEx in his early 30's, so he'll be between 57 and 60 if he retires at 25 years of service. He goes to ABX or Atlas and starts at the bottom of their pay progression, making about half what he made at FedEx. Soooooooo... he quits a job making close to $300k, starts collecting a pension of $130k, takes a job doing the SAME THING (with no seniority or any of the perks that come with it) for less than half the pay of the FedEx job that he left. Pension and new salary combined, he's making less than if he stayed. Brilliant plan, Falcon. That's why you have so much credibility here. [/QUOTE]
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