So basically, this guy's plan is to pass all the risk from our employer, FedEx, to an insurance company who will manage our portfolio in underperforming bonds, and we are to accept that this insurance company has less liklihood of failure than FedEx itself over the next few decades, all the while charging us a nice fee.
Also depends on the Insurance company. Plus, what do we negotiate in return for taking all risk from FedEx? And NO WAY should we let ALPA manage our pensions, as an intermediary or otherwise. That's what this smells of.
Last edited by PicklePausePull; 08-10-2017 at 04:28 PM.