Originally Posted by
Scoop
Both are currently great. Depending on your age no one will be able to give you any valid long term career advice - too much potential change.
Keep in mind - I believe FDX has capped its DB at 130K and that will not increase over time so it will gradually be whittled away by inflation - especially for today's new hires.
Can any FDX guys verify this?
The 130K number is correct. That could increase if we were ever able to negotiate it, however FedEx really wants to hold the line on that benefit. They probably would have been willing to increase the 130K if we would have been willing to trade away the defined benefit plan for newhires, but we weren't. In my opinion, it is a solid 130K. The value will definitely be eaten away by inflation, however, the is little doubt that it will always be there.