Originally Posted by
fdx727pilot
Which, if the pilot had 25 years and had an Hi 5 avg of 260, would be 50% of his/her $130k. This would be $65k per year, the same as if he died right after retirement with the 50% survivor option.
The only way a FedEx pilot can retire and receive $130,000 is to retire with no survivor benefit. I only had 24YOS when I retired so my FedEx portion of my pension was under $130,000. I recall my pension was reduced around $1400 a month for the 50% survivor benefit. The amount you pay is based on the age of your spouse. Very young wife, very high price. I would guess the max pension a married FedEx pilot can get is around $115,000 not $130,000. There are about eight different options of how you receive your pension. Every option reduces the single life payout. Your spouse has to approve all the available options, except the 50% Survivor Benefit.