Originally Posted by
Flaps50
Right now the company is trying to figure out how to screw us like never before if we go down this path! Unbelievable to me that we would voluntarily freeze our A plan as FedEx pilots when our plan is completely solvent and tied to all the other management & other employees DB pension at this company. There's safety in numbers folks, so we're going to get out of the pool that the other 3 to 400,000 employees are in and be alone in a little pond going from a three tier retirement plan to basically a one tier plan that in rough times the company can zero in on... YGTBSM! I am losing faith in my union leadership fast!
We have yet to hear any other side to this (DC/DB) VB retirement plan other than we should do it... Really? Where are the objective viewpoints we were promised from the beginning? We already have a DC/DB pension system that is healthy... We've started a train down a road that in completely unknown to most of us as a crew force being told to trust us...??? I did that during the 2015 contact that is unfolding into a disaster IMO!
Tell your reps to go peddle their wares to some grocery bagger union and leave this train at the station; revisit increasing the A plan and or making the B plan worthy of our inflationary concerns in 2020.