Originally Posted by
Ranger
One thing that bothers me about this relates to the "take it now and we'll fix it with the next contract" approach.
What will we have to give up in order to fix a broken (or seriously flawed) FDA?
Many issues will be up for negogiation in 2010.
- Basic raises across the board of 3-5%
- Defending the A Fund (...FDX recently converted all mgt types to "cash balance" plans this spring)
- Defending your ability to retire at Age 60 w/out penalty
All of these issues will cost $$ and negogiating capital.
If we have to go in and "fix" the LOA benefits too then truly ALL 4,800+ pilots at FEDEX will have directly been affected.
Vote "yes" now and "fix it" later is short sighted, lazy and ignorant.