busdriver12

I have no issue with non FedEx pilots weighing in on our board (though with occasional comments, and not pretending they are part of the group). However, people who are trolling, using other people's words to be inflammatory, just to sew discord, are not welcome.

Fdxlag2

Or pretend to be FDX Pilots and won't admit they aren't. The people who voted no because retirement wasn't improved enough are now upset the union is trying to improve retirement. Including non FDX pilots. Our retirement is better than UPS. But that clown isn't harassing them.

busdriver12

Are these specifics out there in print, and where? Or is this from hub turn meetings?

StarClipper

How are you so sure I’m not a FDX pilot? I guess you all 4702 pilots on the seniority list. And FDX pilot or not the truth stands.

StarClipper

How is getting rid of the retirement, whether for new hires or guys currently on property improving it? Being better than UPS doesn’t mean it has improved. And based on the path the union is taking, there won’t be a retirement to compare to UPS soon. Somebody will be laughing the A$$ to the bank, let’s hope it’s the crew force but I highly doubt that.

BoilerUP

By any objective measure, the FDX defined benefit is better than the UPS defined benefit with Flat Dollar Amount (even after the increase in Contrat 2016) as max benefit can be achieved at 25 years of service instead of 30.

When the DB plan is combined with defined contribution plans, I believe the blended total retirement benefit at UPS is "better" depending on your age and length of service.

Regardless of one retirement being a 1/8" longer than the other, both pilot groups have excellent retirement benefits that are squarely in the sights of management accountants at both companies. Of course, this doesn't mean that excellent benefits cannot be made "better" or that efforts shouldn't be explored to that end.

However...

As a UPS pilot with more than two and a half decades to go until I hit 30 years of service, I would not look favorably upon IPA consideration of shifting our defined benefit plan into something that (IMO) introduces substantial downside benefit risk for small upside benefit gain.

Y'alls sandbox though...

Fdxlag2

We havent gotten rid of anything idiot. If you were at FDX you would know it. What union block are you in when you first get hired? The path the union is taking will be the path the pilots decide to take. Now take out the garbage before your momma gets home.

Fdxlag2

You guys have a 1% A Plan that you supplement contract to contract to bring up to something like, but short of, parity with ours. Our 2% A plan is essentially capped at $130k a year for perpetuity. So at some point in the not to distant future (before you but after I retire) your 1% will be worth more more than our 2%. You guys might find it harder and harder to keep supplementing your A Plan when it is a greater value than ours. Just facts.

It is very expensive to boost A Plan caps or percentages, that is why yours expires contract to contract. It keeps UPS from throwing billions into the fund to avoid penalties. The FDX MEC is simply trying to find a way to increase value for pilots to get around paying the PBGC penalties like UPS and the IPA do. I would prefer we take an approach similar to yours to boost our A Plan. But I don't object to our MEC talking to the company about retirement. I would prefer it not be the thing that holds up the next contract.

StarClipper

You just made my point “ The path the union “is” taking will be the path the pilots decide to take. Listen to yourself carefully. Just like the path they took in when they sent the TA out to vote “is” the path the pilots took. Hence the reason for this contract. We all know that too many FDX pilots believe if the union put it infront of them, it must be the best they could get.

Here you go, I just took out my gabbage. 🖕

StarClipper

It is very expensive to boost A Plan caps or percentages, that is why yours expires contract to contract. It keeps UPS from throwing billions into the fund to avoid penalties. The FDX MEC is simply trying to find a way to increase value for pilots to get around paying the PBGC penalties like UPS and the IPA do. I would prefer we take an approach similar to yours to boost our A Plan. But I don't object to our MEC talking to the company about retirement. I would prefer it not be the thing that holds up the next contract.[/QUOTE]

Do you really think that’s what held the contract. SMFH, delaying a contract saves the company money because there is no COLA during that time and at the end, you get a small percentage of what is owed. They will still find something to come after during negotiations even if you relieve them of the entire retirement now. Next they’re coming after vacation and/scheduling “PBS”. I guess the union should just roll over and give it to them too, so it don’t delay the next contract or maybe because it’s costing them too much.

Is there something this Union/Pilot group is willing to fight for? I’ll wait and see.