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<blockquote data-quote="MrFedEx" data-source="post: 5504548" data-attributes="member: 12508"><p>Exactly. A career UPS driver is retiring with probably an average about 6k per month pension. That's going to vary, of course, with years of service, position etc. I have a few friends that drive for a local Teamster company that has a contract similar to UPS and 30 years of service/PEER is about 7k. Plus, they get retiree medical for their spouses under 55. </p><p></p><p>At FedEx you get basically nothing but a 401k match, and your benefits suck, so money you could possibly be putting away into retirement goes to pay bills. There's really no comparison. Over the years, FedEx killed their pension, profit sharing, employee stock purchase, and made their medical and dental plans a joke. There's much more, but I don't want to fill the page.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 5504548, member: 12508"] Exactly. A career UPS driver is retiring with probably an average about 6k per month pension. That's going to vary, of course, with years of service, position etc. I have a few friends that drive for a local Teamster company that has a contract similar to UPS and 30 years of service/PEER is about 7k. Plus, they get retiree medical for their spouses under 55. At FedEx you get basically nothing but a 401k match, and your benefits suck, so money you could possibly be putting away into retirement goes to pay bills. There's really no comparison. Over the years, FedEx killed their pension, profit sharing, employee stock purchase, and made their medical and dental plans a joke. There's much more, but I don't want to fill the page. [/QUOTE]
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