Originally Posted by kronan

Yep, impossible to find anyone who voted for TA2015-and yet it passed.

No one's in favor of our variable plan, and yet our Union seems to be acting like there's more than 1 or 2 people in favor

Well, the polls didn't SPECIFICALLY ask which option I wanted.

On Several occasions, I've commented that a Traditional Plan is FAR superior to our proposed plan.

You'd have to be a complete IDIOT, to prefer a VB plan or an FDA plan to a High 5 Plan.
Do I care whether we modify our future Pension Benefit calculations to a VB plan or a 1%\FDA plan like UPS's. NO.

There's no Good way to poll this issue. In a way, it's kind of like the idiotic way ALPA National polled the Age 60 change. Question 1, Do you want to change the regulated age....overwhelmingly NO. Question 2, If ALPA thinks the regulated AGE change is coming like it or not, do you want ALPA to modify our position and support it to minimize regulatory changes....overwhelmingly YES.


Perhaps Question 1 could be: Do you think FedEx Mgt views Pension Plans as an excessive cost and would prefer to eliminate the Pension altogether.
If Yes:
Would you prefer a VB plan, which has the potential to share in the Investment Returns generated by funds in the Pension Trust?
Or
a 1%\FDA plan like UPS, although our FDA value should be a formula tied to the DC limit.
(Oh no, More Math)