FedEx doesn't offer the retirement UPS takes for granted. Retiring at 55 under the old traditional pension means finding work to supplement it until at least SS kicks in, and even then for some. Under the new plan most employees will have to work until at least full SS age to have enough to just get by with SS.
Don't agree ... wait until you are retired before making judgment.
Don't forget that over at Ground very few if any contractors provide any healthcare or retirement benefits of any kind.There are so many factors that enter into one's decision to work past retirement. Thing's such as health, personal finances healthcare insurance, disabled adult children with physical and or mental disabilities who live with and are dependent on their ageing parents for support. Long periods of unemployment earlier in life and therefore the need to try to catch up. Does the job you're interested in even pay enough to make working it worthwhile? Given that there isn't enough jobs to go around as it is while it may be denied publicly there is clearly a movement to get the older worker out of the workforce by any means possible. As a result many older workers are pushing back hard not willing to take the crap paying entry level jobs the kids refuse to take because they consider those jobs beneath them.
I can gaurentee you they when I retire, I definitely won't be driving a brown truck. Might get a part time job but definitely not this crap.
lol
Luckily have always been a voracious reader. With the internet don't watch tv much. But keeping the lights on and food on the table requires a decent income.
I just noticed this was a FedEx sub forum. Is FedEx as bad as ups as far as to how they mistreat their employees? If it is I would rather go down on satin then return after I retire.
No. We get treated a little better than y'all do at UPS.
Good to hear.
Now if we could just make better money and have better benefits...... Lol.
I don't feel like income is the problem for people with 25 years of traditional and 12 or so in portable. The retiree insurance is the problem. If a person retired at 55, he is looking at 10 years of very high monthly premiums.
Does FedEx offer a HSA account?
Running low on races to oppress ?
I know they have some type. I have never used it. I believe they made changes where you can roll unused money to the next year.
