Yea they contribute not sure what is any more.How much does the company contribute to your 401k? Do they match up to a certain amount? I don't work for FedEx, was just wondering. The Teamsters do offer a 401k plan besides the pension but the company will make no contributions, it's solely up to the employee to contribute. It's a good way to supplement your pension, defer taxes, and the account is yours, the Teamsters can't touch it, it's managed by Prudential.
I gave a dollar a month to Drive for years. Seemed to me if I'm going to be in a union I might as well support them. Plus I got a free hat.Any money given to candidates by the Teamsters is derived from their Drive Fund, contributions are voluntary. I was a Teamster for 37 years and never gave a penny to drive, they always seemed to support democrats who turned around and stabbed us in the back. Regarding mrpostman's comment on a discount on health insurance, health insurance is provided at no cost. Just trying to set the record straight.
Some of yall are very short sighted. Its not as simple as "Ok, now we are union give me my $30hr, massive pension, and vacation"
Why do you think Unions are, and have been foaming at the mouth to sink their teeth into fedex?
Is it because they simply "are here to protect the working man"?
Right.
All I hear on here, is complaining about overpaid goons at the top. So, what? Content with trading one group of overpaid goons for another?
Id highly advise anyone wanting a union to do some real research, and see, historically, where your $ ends up.
Its six percent.The company matches 3%.
I think the money would be put to better use going to organized crime instead of politicians.
I think the money would be put to better use going to organized crime instead of politicians.
Some of yall are very short sighted. Its not as simple as "Ok, now we are union give me my $30hr, massive pension, and vacation"
Why do you think Unions are, and have been foaming at the mouth to sink their teeth into fedex?
Is it because they simply "are here to protect the working man"?
Right.
All I hear on here, is complaining about overpaid goons at the top. So, what? Content with trading one group of overpaid goons for another?
Id highly advise anyone wanting a union to do some real research, and see, historically, where your $ ends up.
Look what it took for the Teamsters Union to organize Overnite.They are foaming at the mouth to sink their teeth into Fedex? Hardly,they don't even try to organize us. I have never even had a rank and file Teamster personally approach me.
They are foaming at the mouth to sink their teeth into Fedex? Hardly,they don't even try to organize us. I have never even had a rank and file Teamster personally approach me.
You don't OWN your pension the union does.There is no guarantee that when it comes time to retire you will have a pension. Give me my 401K anytime.