Thread: Alpa Fdx
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Old 05-09-2007 | 05:22 PM
  #286  
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capt_zman
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Quoted from the FDX 7 meeting minutes email,

"Our CBA protects us and keeps “normal” retirement at age 60, even if the regulated age changes. Additionally, our Defined Benefit Plan (A-Plan) and Money Purchase Plan (B-Plan) remain unchanged. It should also be pointed out that Money Purchase Plans are not exclusive to airline pilots. They are a type of Defined Contribution plan and thousands of employers offer them. Even if the regulated age changes, we see no threat to the continued existence of such plans."

Does anyone know for sure if this is true?