Thread: Alpa Fdx
View Single Post
Old 05-08-2007, 12:20 PM
  #219  
dckozak
done, gone skiing
 
dckozak's Avatar
 
Joined APC: May 2005
Position: Rocking chair
Posts: 1,602
Default Age 60 and early retirement

Maybe this has been suggested somewhere in the last 200+ posts (can't be bothered to go threw them all ) What will happen to the early out provisions?? will they move forward 5 years, and if so when? If the retirement age ups to 65 and overnight so does the early retirement penalty than you won't have to worry about Foxhunter or anyone else (in the near term) hanging on for 5 years. Unless FedEx allows normal retirement for all that want to at 60, I think its only fair that if the retirement age increases and if the early retirement penalties increases correspondingly, than they should do so at the same time with no graduated provisions.
If the union leadership is listening, please don't attempt to negotiate any graduated provisions for early retirement. If the company can and will increase the age penalties will apply to an early out, they should do so without prejudice. If anyone wants to get out between 60+ to 65 they should take the same hit we all will.
dckozak is offline