I'm somewhere in my 40's, and when I quit FedEx, I'll be able to survive at a decent level of comfort. I always contributed the maximum to my 401k and will get a small retirement check from Fred someday. What Fred pays me won't be even close to enough, so I've invested on the side and have been lucky enough to do well. But what about you 20-30 year olds out there who had only a few years in under the Traditional Plan, or maybe none at all. What are you going to do so you can retire? Fred is offering you essentially nothing for your Golden Years, and unless you plan on inheriting a pile of money, you are going to be left out in the cold someday. When you are 20 or even 30, you never think you'll get hurt, or sick, and that you'll just be a courier forever and that "things will change". If anything, things continue to change for the worse, because Fred continues to extract more from your check every year. On the FedEx "90 Day Plan", your career is over if you ever have a major illness or injury in most cases, and OT is scarce in many locations. Overtime used to be the way that many of us made an underpaid job a decent-paying job, and for the most part, that's gone. What you've got left is a subsistence paycheck that probably allows you to drive a 10 year-old car, live in a starter house or condo, or maybe a decent apartment. Trouble is, there isn't much left after you pay the mortgage and bills, and that's what Fred wants for you. If you can leave...LEAVE NOW!! This has become a job with zero future, low job satisfaction, and a high probability of injury and/or disability. Even if it's for less money now, consider other companies that actually have room for upward mobility or have positions that don't require 25 years to reach maximum wage. We have all become completely disposable at any time to this company, and if they can get rid of you after 5 years, it's cheaper than trying to eliminate you after 20 years. FedEx used to be an exceptional company that desired equally exceptional workers who would provide outstanding service. That's no longer the case, and if you're a quality employee you need to shop your talents around to a company that will appreciate them. Going above and beyond no longer counts for much at FedEx, and they are a company that has lost both it's ethical and directional compass.