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I am paid fairly for the work I do...
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<blockquote data-quote="vantexan" data-source="post: 1579397" data-attributes="member: 24302"><p>Before you get too clever, FedEx doesn't make pension payments, it buys an annuity for each retiree and the insurance company makes the payments. FedEx is legally obligated to maintain enough funds to cover both the former traditional pension and the current portable pension. They don't get to choose to not make payments, and can only get out of their obligation by declaring bankruptcy, something they can't do as long as they're profitable.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1579397, member: 24302"] Before you get too clever, FedEx doesn't make pension payments, it buys an annuity for each retiree and the insurance company makes the payments. FedEx is legally obligated to maintain enough funds to cover both the former traditional pension and the current portable pension. They don't get to choose to not make payments, and can only get out of their obligation by declaring bankruptcy, something they can't do as long as they're profitable. [/QUOTE]
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