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Interesting Article About Teamsters Pension For All The Haters
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<blockquote data-quote="MrFedEx" data-source="post: 2437886" data-attributes="member: 12508"><p>You have one pension, and one annuity. Perhaps someone can explain this to you in crayon so you can understand it. Your Traditional is worth only half what a Teamster UPS driver will receive for comparable service. It's easy for FedEx to fund one crappy pension and one piss-poor <strong>annuity </strong>because the dollar amounts are peanuts compared to UPS.</p><p></p><p>It's hard to have an intelligent conversation with someone who doesn't even know what the RLA is or able to comprehend it's impact. Further, why do you suppose Fred S has spent so much money to make sure we stay under the RLA?</p><p></p><p>I'm sure Fast Freddie wishes every employee was just like you...ignorant and thinking they have a "great deal".</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 2437886, member: 12508"] You have one pension, and one annuity. Perhaps someone can explain this to you in crayon so you can understand it. Your Traditional is worth only half what a Teamster UPS driver will receive for comparable service. It's easy for FedEx to fund one crappy pension and one piss-poor [B]annuity [/B]because the dollar amounts are peanuts compared to UPS. It's hard to have an intelligent conversation with someone who doesn't even know what the RLA is or able to comprehend it's impact. Further, why do you suppose Fred S has spent so much money to make sure we stay under the RLA? I'm sure Fast Freddie wishes every employee was just like you...ignorant and thinking they have a "great deal". [/QUOTE]
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