Originally Posted by
kronan
Many thx Kronan
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And some other interesting portions of this communication...
“There are disagreements within our pilot group regarding the retirement plan. Our goal now is to find a way to develop a retirement plan structure that will satisfy the vast majority of us and satisfy the needs of future FedEx pilots.
Now that we are in receipt of our retirement data, we expect the experts at Segal to provide us with a complete understanding in the weeks ahead.
If this data reveals an opportunity to reconsider our approach to retirement, then we will communicate those developments to you. The pros and cons of the various components of a retirement plan remain the same.
We will provide articles to explain our retirement plan as it currently exists, and we will highlight the pros and cons of the structure.
Each of you will have to ask yourselves how you want to proceed.
This is no simple decision, and finding a path that can be supported by a significant majority remains a serious challenge.
Ultimately, any decision to reengage will be a collective decision.
This process must be transparent and forthright. Please do your best to understand the issues, and please do your part by participating in the process as it develops.”
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So after they ask the company if they are interested, are they going to circle back and ask the pilot group if we are interested...or will they just go straight into negotiating the details of a VB Plan?
I’m just trying to understand and participate in the process as it develops
And highly concerned the train will leave the station very fast, initially motivated by “leaving a legacy”, but in the end affected by “fatigue”