FDX..Your 4a2b savings hard at work
06-14-2010, 01:06 PM
#11
Gets Weekends Off
Joined APC: Jul 2007
Position: Gear Monkey
Posts: 3,199
Actually, it was earlier this year. Feb IIRC. And it's not $500. That's only for us pilots, as spelled out in the CBA. The rest of the company gives 100% match for the 1st 1% of salary, and 50% match on the next 5% of salary. So if an employee takes out at least 6% of their salary, the company kicks in 3.5%. It doesn't get above $500 until the employee has earned more than $14285 for the year. Obviously, if you make a lot, the match can be fairly big. My SO's match for last year (if the company hadn't cancelled it,) would have been over $1500.
Isn't your SO considered a pilot and therefore limited to $500 max??
06-14-2010, 01:14 PM
#12
Gets Weekends Off
Joined APC: Jul 2007
Position: Gear Monkey
Posts: 3,199
The "regular" employees just started getting Half their old match this year...
Upbeat FedEx easing austerity; retirement matches, merit pay returning The Commercial Appeal
Upbeat FedEx easing austerity; retirement matches, merit pay returning The Commercial Appeal
06-14-2010, 01:16 PM
#13
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
06-14-2010, 02:48 PM
#15
Slainge Var'
Joined APC: Oct 2006
Position: Zeppelin Tail Gunner
Posts: 1,530
I have a great memory....it's just real short. OK, earlier this year. Anyway, FedEx is denying the CBS Sports story. Got a bunch of bad press on PTI tonite. "They deny it but if it's true........" then a whole bunch of ranting from Kornheiser and Wilbon. PR nightmare if it's true or not.
06-14-2010, 07:31 PM
#16
Gets Weekends Off
Joined APC: Feb 2006
Posts: 1,068
I have a great memory....it's just real short. OK, earlier this year. Anyway, FedEx is denying the CBS Sports story. Got a bunch of bad press on PTI tonite. "They deny it but if it's true........" then a whole bunch of ranting from Kornheiser and Wilbon. PR nightmare if it's true or not.
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