FEDEX FREIGHT Fedex Freight Portable Pension

Discussion in 'Fedex Freight' started by Chiggabugg, Jun 3, 2019.

  1. silent trucker

    silent trucker Well-Known Member

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    [​IMG]
     
  2. silent trucker

    silent trucker Well-Known Member

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    ERISA 1974 outlawed companies borrowing from their pension plans.
     
  3. The Point

    The Point You get it or not!

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    But they do have language in the pension book stating they can stop dropping pennies into your jar at any time.
     
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  4. silent trucker

    silent trucker Well-Known Member

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    And they'd be fools if they didn't have that language written in just in case.
     
  5. Magooiest

    Magooiest New Member

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    I keep seeing this that they'll take it away. It's just not true. They can't take what you already have earned but yeah they can stop putting "pennies" in.
     
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  6. Crazy Trucker

    Crazy Trucker Busting Clowns daily!!!!

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    Unlike you I am man enough to admit when I'm wrong. I still stand by my stance that the pension is a joke. I'm pretty sure if they took a poll of employees everyone would rather have that money in our 401k........
     
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  7. silent trucker

    silent trucker Well-Known Member

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    I for one would rather have the money in a 401 k. The pension will work, if you're in it for 30 years. Most employees over 45 it won't accomplish much for them.
     
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  8. roadboss

    roadboss Well-Known Member

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    Just ask a legacy employee at ConWay /XPO
     
  9. Redracer3136

    Redracer3136 BANNED

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    I’ve got over $50K in my pension already...that’ll pay for a lot of rounds of golf!!
     
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  10. Big Dave

    Big Dave I love Ridge Sox popcorn

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    You could hire a full time ball washer with that...
     
  11. Elwood

    Elwood Question Authority

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    Not at Augusta :17142:
     
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  12. Redracer3136

    Redracer3136 BANNED

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    I wonder if our hillbilly goober smoocher is proficient at washing balls too?? I hear he works for nuts!! :438:
     
  13. DOTFXF

    DOTFXF Active Member

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    How long to accumulate that amount?. Not even close to a full year of wages for I'm guessing 15 to 20 years of service. The FedEx pension is a joke.
     
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  14. Redracer3136

    Redracer3136 BANNED

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    Our pension has only been in existence for what...8 to 10 years or so...so that long.

    Now ask me about my 401K, that’s where my/our retirement is!! :1036316054:
     
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  15. Dick Dastardly

    Dick Dastardly Drat, Double Drat, and Triple Drat!

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    Enlighten us.
     
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  16. mattbob

    mattbob Active Member

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    try 12 years, june 2007 it was started
     
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  17. Redracer3136

    Redracer3136 BANNED

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    I personally thought it was 2008 but was told 2010...either way works, wasn’t that important to me to look it up
     
  18. Crazy Trucker

    Crazy Trucker Busting Clowns daily!!!!

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    I don't work for nuts but I bet your ole lady would be all over mine. :biglaugh:
     
  19. Dick Dastardly

    Dick Dastardly Drat, Double Drat, and Triple Drat!

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    I'm still waiting on Red to enlighten us all on his 401k.
     
  20. Big Dave

    Big Dave I love Ridge Sox popcorn

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    It’s invested in a Sun Drop distributor in Florida....
     
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