Originally Posted by
Busboy
So, FDX only pays $3 million a year for PBGC premiums for these 41,000 retirees? Wasn't that part of the "high costs" of our A plan? That's chump change to this corporation. And, we don't have anywhere near that number of retirees, now or future, in the pilot's retirement plan.
I think the quote states it "reduced" the PBGC costs by $3 million per year
I don't know, but I don't think that was the total PBGC costs for all 41,000 retirees covered.