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FedEx Discussions
retired benefits major hike
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<blockquote data-quote="vantexan" data-source="post: 1964565" data-attributes="member: 24302"><p>Hey amigo if you were on this forum as long as I've been you'd know I'm with a Express. And the only way FedEx can dump their pension responsibilities is through bankruptcy, which won't happen as they're profitable. FedEx can choose to end their current pension plan and just go with a 401k, or nothing at all. But they'll still be on the hook for accrued benefits as long as they aren't in bankruptcy.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1964565, member: 24302"] Hey amigo if you were on this forum as long as I've been you'd know I'm with a Express. And the only way FedEx can dump their pension responsibilities is through bankruptcy, which won't happen as they're profitable. FedEx can choose to end their current pension plan and just go with a 401k, or nothing at all. But they'll still be on the hook for accrued benefits as long as they aren't in bankruptcy. [/QUOTE]
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