FedEx Freight | Abysmal morale on the Orlando hub

[nasvegas]

This is only a problem because of our subpar benefits.

Offer healthcare with ANY legitimate pension and the gray would walk away.

Why do they care if they are in debt up to their eyeballs? Are they paying their bills?

 

[shadetree270]

So what are y’all gonna do.. just complain and keep working like I did until they close your barn??

 

[SMOKESTACK]

Someone sent me a PM and said his name should be TkankGodHe'sNotYourTM?
I spit up my Sundrop pop on my flip phone .

 

[deadhead]

Pensions were dead when I got hired on in 2012. They've been dead for a VERY long time.

Tell that to a UPS driver next time you see one.

 

[Panhandler92]

Tell that to a UPS driver next time you see one.

Word on the street the contract they voted in ****ed the pension.

Betcha if you listed the companies that offer pensions, it'd be a mostly union only/public sector list. I'll get more out of retirement with the extra match myself than I would've if I kept with the pension, but I'm also in my 30s and maxing out contributions to my 401, putting money in a roth, have a small individual investment account and put towards a savings account weekly.

 

[deadhead]

Word on the street the contract they voted in ****ed the pension.

How did it do that?

 

[Panhandler92]

How did it do that?

I don't know the exact details, from what I was being told by friends is the new contract upped the pay and decreased pension contributions to offset.

Maybe @Steward of the Rock could enlighten us

 

[Steward of the Rock]

I don't know the exact details, from what I was being told by friends is the new contract upped the pay and decreased pension contributions to offset.

Maybe @Steward of the Rock could enlighten us

My understanding of the T-Force pension is that their new contract froze the current contribution/payout rate with increased contributions/payout in the fourth and fifth year of their new contract. Here is the current language.

 

[deadhead]

That's T-Force and has nothing to do with UPS. My question was referring to the comment made about UPS's contract.
I'll assume nothing about it has been weakened.

 

[silent trucker]

That's T-Force and has nothing to do with UPS. My question was referring to the comment made about UPS's contract.
I'll assume nothing about it has been weakened.

Guessin' yo mama didn't warn you about assumin'. For the record, mama told me "When you assume, you make an a$$ out of u and me".

 

[Streaker69]

That's T-Force and has nothing to do with UPS. My question was referring to the comment made about UPS's contract.
I'll assume nothing about it has been weakened.

UPS is the exception, not the rule. I believe they fund their own pension, but most paid into a fund. Saying pensions aren't dead because UPS is successful is disingenuous and misleading. It ignores the butch lewis act and the fact that most pensions were almost solvent not that long ago and they're only funded until 2055.

 

[Steward of the Rock]

That's T-Force and has nothing to do with UPS. My question was referring to the comment made about UPS's contract.
I'll assume nothing about it has been weakened.

My bad. Let me see if I can find the UPS pension language. Sorry for the confusion!!!

 

[Steward of the Rock]

That's T-Force and has nothing to do with UPS. My question was referring to the comment made about UPS's contract.
I'll assume nothing about it has been weakened.

Here is what I found on the UPS full time pension.

 

[Crazy Trucker]

Word on the street the contract they voted in ****ed the pension.

Betcha if you listed the companies that offer pensions, it'd be a mostly union only/public sector list. I'll get more out of retirement with the extra match myself than I would've if I kept with the pension, but I'm also in my 30s and maxing out contributions to my 401, putting money in a roth, have a small individual investment account and put towards a savings account weekly.

Yeah but there is a big difference in saving your own money in a 401k vs a defined pension that's based off years worked. Be nice to have both, but who am I kidding we work for fed ex.