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This company is not entirely made up of 30yo new hires and they are not the only interests that ALPA needs to consider. I keep hearing we need to abandon the A plan so we don’t screw them over yet the proposed VB will admittedly not improve the retirement for pilots who have already worked here 10-15 years and are nearing retirement. So let’s hose our pilots who have been here longer? I can’t say that passes the logic test.Originally Posted by CHP1
If I were a new hire here, with let's say a 30 year active career followed by possibly a 20 to 25 year retirement to fund (self and or spouse), I would be adamant that the union explore other retirement options. A new guy could possibly be "married" to FedEx for 50+ years. With everything that could happen in the air cargo world, i.e. the Amazon/Bezos issue, pilotless cargo airplanes, E. Musk exploring high speed underground transportation tubes, I think I would want as much money in my name/control that doesn't rely on the decades long profitable viability of FedEx, with a big Bfund with cash over cap as the front runner of retirement options. Something to consider.