trucknfool
TB Regular
- Credits
- 14
There has been many rumors going around about The Con-way Pension that many on here have qualified to receive.
First of all , the Pension ended in 2006 as far as any further vesting credited service. What time you had with the company up untill 2006 is the credited time in the Pension.
Second XPO has not contributed to the Pension and cannot change the terms of the plan. They're just the care taker to facilitate the pension since they bought
The Con-way Enterprises. Your Pension benefits are from what Con-way did for you , not XPO.
Lastly, There is no reductions in monthly benefits because of quiting after 2006.
What you earned up until that time is what
You will receive.
It would have been great if the pension plan would have continued beyond 2006,
We all would have done well with it . I hope that this helps those entitled to receive Pension know what the facts are.
There is not any more offers for a buy out
at this time.
First of all , the Pension ended in 2006 as far as any further vesting credited service. What time you had with the company up untill 2006 is the credited time in the Pension.
Second XPO has not contributed to the Pension and cannot change the terms of the plan. They're just the care taker to facilitate the pension since they bought
The Con-way Enterprises. Your Pension benefits are from what Con-way did for you , not XPO.
Lastly, There is no reductions in monthly benefits because of quiting after 2006.
What you earned up until that time is what
You will receive.
It would have been great if the pension plan would have continued beyond 2006,
We all would have done well with it . I hope that this helps those entitled to receive Pension know what the facts are.
There is not any more offers for a buy out
at this time.