I’d like to see a W2 with $130,000 on it.
XPO | What will it take ?
- Thread starter XCCX
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Plenty of guys here make 100k also.
troubleman84
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Are you complimenting a teamster organized company? Surely you can’t be talking about a fedex driver.
troubleman84
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Grossing 100k and bring home after healthcare cost makes a big difference?
So does having a retirement fund.
troubleman84
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If you add that bring home is even less, how much is company match on 401k?
smokin'joe
Just Smokin' the Blues...
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0.....it's a quarterly contribution.
joes bar and grill
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So, no match, a contribution?
smokin'joe
Just Smokin' the Blues...
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Correct...we were supposed to be bumped from around 3% match to 6% match after the pension was frozen and done away with. The new match was "temporarily suspended" during our financial hardship, along with our wage reduction and never was reinstated.
If I contribute 5% the company matches that. That’s 5% more than guys my age will get from the CS pension.
In 2018 no your wrong 100k is not a Hell of a lot of money to drive a truck. You only have to look at the history of our wages in our country to see how far we are behind. Education is the key.
smokin'joe
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If you are a legacy employee you get a quarterly contribution irregardless of what you put in. It is an investment if it grows you're good, if the market tanks, you're broke. There are no guarantees.
troubleman84
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That’s your opinion has the government finally said there not gonna enact butch Lewis act yet?
Until the government bails the fund out, its a fact that it will be broke.
Serene Gene
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Now wait a minute. You were just complaining that we lost our 401k match, even though you know we get a 5% contribution whether we contribute or not! In what crazy world is that worse? Put in 5%, call it a match if you want, and move on.
Do you contribute to a 401k?
And where do you suppose the pension funds put their money, under a mattress? Why do people pretend that my investment is somehow more risky than Central States? There's only one market.
doubledonger
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several have left us and when I see them they are happier,.....less stress they say,better schedule
doubledonger
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you must not work here if you think we get a 5% contribution,either that or you're totally uninformed and don't check your stubs,please don't make me embarrass you with the actual numbers
If you are a legacy employee with a certain amount of years , you do indeed get 5%. I posted the rules to this awhile back in XPO union thread I believe. It was a screenshot from T.Rowe Price.
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doubledonger
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all you drivers are uninformed or don't work here,wtf,they STOPPED the quarterly contribution and now contribute weekly!!!!!!!if you are a legacy employee you get 3% up to 10 yrs,4% after 10 yrs,5% after 20 yrs .check your damn paystubs and t-rowe statements,that's why we are STUPID TRUCKERS
For those hired before 2010
Contribution chart
As before , on the T.Rowe Price website , the rules for the savings plan available to those hired after 2010 are not available ( this says go to the employee portal to see the other plan )
Is this what everyone sees that goes there? Is it different in Canada for instance?
Contribution chart
As before , on the T.Rowe Price website , the rules for the savings plan available to those hired after 2010 are not available ( this says go to the employee portal to see the other plan )
Is this what everyone sees that goes there? Is it different in Canada for instance?