FedEx caps traditional pension, switches to cash balance plan

FedEx Corporation of Memphis announced today it will cap the traditional pension plan in place for most of its employees.

[bob]

i worked 22 years at fedex and got terminated, will my penion be affected.

[Mike]

I thought after 20 yrs of service, you are locked in for it. don't quote me I could be wrong. hope you get it--good luck--!

[joe]

yup

[Lld]

bob wrote:

i worked 22 years at fedex and got terminated, will my penion be affected.

You should call FEDEX benefits>

[driver]

You've been reamed.

read all about it at:
fedexaminer.com

[bob]

ur vested after 5 years at age 60 u should receive 88 percent of the average of your top 5 years

[AAA]

http://www.fedexwatch.org/resources/jump/C60/

[MARY C]

I'm a former fedex employee & every time I try to find out about my pension, I get the run around. The contact number always says this line is having difficulties.

[mimi]

I started at fedex in 1983 and left in 1997 from a back injury...I settled with the company threw worker's comp. and was promised my pension,plus through the laws of the government at the time, your pension cannot be messed with...it is protected because it is for time served at the company unless you were fired for committing a felony...anyway...I tried to call about my pension and they told me they can find my employee number...so I will be writing a letter to the pension department and if I get no response I will attain attorney to start by writing a letter for me...there should be a seperate phone number for people who have left the company and are entitled to keep track of their pension...otherwise they should let us have a cash settlement...

[mimi]

I meant to say they dont have my employee number which they told me they need to locate my info

[Dina]

I worked at FedEx for 16 yrs, then was terminated when I got carpel tunel, I'm almost 53 and would like to access my penson now. Any ideas how?

[brown sugar]

im a manager and i would not give anyone a pension or benies i would give all the work to contractors, they work for less and fred smith do it .they cant do anything about it, now ups could cause they got a union . fred make everyone a contractor. hourly cant do anything about it .just do it ill laugh very hard . no union no voice fred thats why you dont have a union .profits 1st people last.ha ha ha!!!

[Wrightflyer]

Hey Brown Sugar, dont drink and post

[Nuff Said]

brown sugar wrote:

im a manager and i would not give anyone a pension or benies i would give all the work to contractors, they work for less and fred smith do it .they cant do anything about it, now ups could cause they got a union . fred make everyone a contractor. hourly cant do anything about it .just do it ill laugh very hard . no union no voice fred thats why you dont have a union .profits 1st people last.ha ha ha!!!

This guy is in management? Where the hell did he go to skool ??
Nice punctuation.