FDX--Furlough not possible? Think again...
12-30-2007, 12:18 PM
#112
Line Holder
Joined APC: Dec 2007
Position: Hanging on by my little ratclaws...
Posts: 69
12-30-2007, 12:55 PM
#116
Gets Weekends Off
Joined APC: Jul 2006
Position: DC10 Captain
Posts: 284
Toc,
While I agree with you about QOL & bypassing CAP for a while....
34% is a long way from 50%. I understand JJ's motives perfectly.
We need to agree that we're all greedy. We all need to be greedy, since it's been pointed out that no-one looks out for our own interests, we individually do. I don't fault JJ in the least. For a 60+ rope (with 17 years FDX service) to bypass the front seat, would be just plain foolish. + 29 days of VAC?
Now, as for the guy with 25 years in? I'd say, hey you're within your right, but really: get a life!
I just hope I have a life @60 and can push myself away from the feeding-trough.
While I agree with you about QOL & bypassing CAP for a while....
34% is a long way from 50%. I understand JJ's motives perfectly.
We need to agree that we're all greedy. We all need to be greedy, since it's been pointed out that no-one looks out for our own interests, we individually do. I don't fault JJ in the least. For a 60+ rope (with 17 years FDX service) to bypass the front seat, would be just plain foolish. + 29 days of VAC?
Now, as for the guy with 25 years in? I'd say, hey you're within your right, but really: get a life!
I just hope I have a life @60 and can push myself away from the feeding-trough.
The 34% vs. 50% has nothing to do with the HR. I'm sure you know that. We've been fortunate here that because of the FE position, guys have had the option if hired at an age older than 35 of being able to get it up to 50%, or at least a higher number that what it is at age 60.
No question that if moving back up, the high 5 might be helped. That would be a strong player in increasing the retirement check.
Curious, have you been given the impression, based on the posts, that someone on here is not greedy, and not solely looking out for their own interests? Just wondering - who?
12-30-2007, 01:11 PM
#117
Gets Weekends Off
Joined APC: Sep 2006
Position: A300 CAP FDX
Posts: 287
No, not at all. I was just making the observation that the name calling, saying others are greedy, etc., implies the accuser is not of the same ilk. They are. We just need to be adult enough to quit blaming and accept that which we can NOT change. The mud slinging helps no one. I think I'll take my post traffic to Pro Pilot world. It's much less venomous.
12-30-2007, 01:28 PM
#118
Gets Weekends Off
Joined APC: Jul 2006
Position: DC10 Captain
Posts: 284
Toc,
No, not at all. I was just making the observation that the name calling, saying others are greedy, etc., implies the accuser is not of the same ilk. They are. We just need to be adult enough to quit blaming and accept that which we can NOT change. The mud slinging helps no one. I think I'll take my post traffic to Pro Pilot world. It's much less venomous.
No, not at all. I was just making the observation that the name calling, saying others are greedy, etc., implies the accuser is not of the same ilk. They are. We just need to be adult enough to quit blaming and accept that which we can NOT change. The mud slinging helps no one. I think I'll take my post traffic to Pro Pilot world. It's much less venomous.
Cheers.
12-30-2007, 02:26 PM
#119
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
So yes, it does seem like senility is setting in, and I hear there's a cure for it. I'll look it up FOR YOU and let you know.
12-30-2007, 02:28 PM
#120
Gets Weekends Off
Joined APC: Jul 2006
Position: MD-11 Capt
Posts: 330
Good Morning. Before my missive, let me just say HOW BOUT THEM N.E. PATRIOTS!
Now to the business at hand.
OK FDD,
Here are the facts. They are indisputable.
1. After 17 years at FedEx, of which only 4 were as a junior captain, my retirement benefit, as sent to me by the FedEx retirement folks a few months ago is going to be $5400.10 per month. That’s taking the 100% surviving spouse option.
2. After 34 years in the military, the vast majority of which was as a traditional Guardsman, I receive, according to my 1099R, $2282.46 per month, before taxes.
3. My savings and investments are none of your business.
4. I’m married to the same girl I married back in 1970.
5. I ‘m in the same house we bought 21 years ago, with no mortgage.
6. So excluding savings and investments, the total I can expect to receive, without Social Security benefits, after taxes is about $69,142 a year. Is that a “normal retirement”? I think not.
7. Whereas I have felt, for some time now, that the age 60 change was the right thing to do, I have never, not in any way, been an advocate of that change.
8. Prior to my turning 60, I had decided I wanted to continue to work, so I went to the back of the 727. I’ve served in that capacity since June of 2006. If I get back to a left seat, that will be nice, if not, so be it.
9. If I decide to stay, it will not be “to prove a point to a guy whose opinion [I] don’t like”, it will be because that’s what I decide is the best thing for me to do. Conversely, if I decide to retire, it will not be because of anything that’s been said on this board, specifically not the name calling, not the implied threats, or the total lack of professionalism shown by the majority of you younger guys. It will be because that’s what I decide is the best thing for me to do.
Here are my observations. They too are indisputable, because they are my observations.
1. Guys on this board over react to everything, coming up with scenarios that might or might not come to be, and then they embellish them, always with a negative spin. Always.
2. Guys on this board, the majority of them being fairly junior have continued to show a sense of entitlement that is beyond belief. This company is not here for you. We’re here for them. If you don’t like the way you’re treated, or the money you make, leave.
3. There are very few senior guys on this board. Why? I can only suppose that they, after all their years of moving the freight, are sort of less interested in what you have to say.
4. No one likes to be called names. I know I don’t, and I have tried to maintain an even keel when discussing these contentious issues, but a number of you feel that, due in part to the anonymity of the internet, it’s ok to name call and disrespect someone, for no other reason than their opinions differ from yours.
So, FDD, that's it. I had promised myself not to get embroiled in this age 60 thing, but, being from New York, I have found it difficult to just sit on the sidelines and "listen" to the constant complaints.
Now to the business at hand.
OK FDD,
Here are the facts. They are indisputable.
1. After 17 years at FedEx, of which only 4 were as a junior captain, my retirement benefit, as sent to me by the FedEx retirement folks a few months ago is going to be $5400.10 per month. That’s taking the 100% surviving spouse option.
2. After 34 years in the military, the vast majority of which was as a traditional Guardsman, I receive, according to my 1099R, $2282.46 per month, before taxes.
3. My savings and investments are none of your business.
4. I’m married to the same girl I married back in 1970.
5. I ‘m in the same house we bought 21 years ago, with no mortgage.
6. So excluding savings and investments, the total I can expect to receive, without Social Security benefits, after taxes is about $69,142 a year. Is that a “normal retirement”? I think not.
7. Whereas I have felt, for some time now, that the age 60 change was the right thing to do, I have never, not in any way, been an advocate of that change.
8. Prior to my turning 60, I had decided I wanted to continue to work, so I went to the back of the 727. I’ve served in that capacity since June of 2006. If I get back to a left seat, that will be nice, if not, so be it.
9. If I decide to stay, it will not be “to prove a point to a guy whose opinion [I] don’t like”, it will be because that’s what I decide is the best thing for me to do. Conversely, if I decide to retire, it will not be because of anything that’s been said on this board, specifically not the name calling, not the implied threats, or the total lack of professionalism shown by the majority of you younger guys. It will be because that’s what I decide is the best thing for me to do.
Here are my observations. They too are indisputable, because they are my observations.
1. Guys on this board over react to everything, coming up with scenarios that might or might not come to be, and then they embellish them, always with a negative spin. Always.
2. Guys on this board, the majority of them being fairly junior have continued to show a sense of entitlement that is beyond belief. This company is not here for you. We’re here for them. If you don’t like the way you’re treated, or the money you make, leave.
3. There are very few senior guys on this board. Why? I can only suppose that they, after all their years of moving the freight, are sort of less interested in what you have to say.
4. No one likes to be called names. I know I don’t, and I have tried to maintain an even keel when discussing these contentious issues, but a number of you feel that, due in part to the anonymity of the internet, it’s ok to name call and disrespect someone, for no other reason than their opinions differ from yours.
So, FDD, that's it. I had promised myself not to get embroiled in this age 60 thing, but, being from New York, I have found it difficult to just sit on the sidelines and "listen" to the constant complaints.
Your remarks are about as accurate as I have seen on this board.....
Nuf said....
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