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FedEx Discussions
Labor shortage concern at Fedex
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<blockquote data-quote="bacha29" data-source="post: 4920206" data-attributes="member: 58386"><p>Taking this site seriously for once is appreciated. The PBGC on the other hand is a federally commissioned entity. The problem with it though is that when it has to step in and take over a defaulted and insolvent pension plan the monthly benefit is generally only about 60% of what the retiree was projected to receive. A lot of retired airline retirees discovered this bitter truth when the airlines filed for bankruptcy .</p><p></p><p>Be that as it may again taking this site seriously is appreciated and therefore the serious content you provide will be inclined to be taken more seriously.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4920206, member: 58386"] Taking this site seriously for once is appreciated. The PBGC on the other hand is a federally commissioned entity. The problem with it though is that when it has to step in and take over a defaulted and insolvent pension plan the monthly benefit is generally only about 60% of what the retiree was projected to receive. A lot of retired airline retirees discovered this bitter truth when the airlines filed for bankruptcy . Be that as it may again taking this site seriously is appreciated and therefore the serious content you provide will be inclined to be taken more seriously. [/QUOTE]
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