Originally Posted by 31Hz

I believe that this retirement age increase is minor compared to the all out assault we will face over the next three contracts. We have already been introduced to the Cash Balance alternative during the last round of contract negotiations. The real issue will be whether we have an "A" plan at all in 20 years. If you haven't listened to the podcast of the last shareholders meeting, FWS speaks frankly about his opinions of defined benefit retirement plans. Go to >Investor Relations> at the bottom of the FedEx Express login page. Then go to >Events>FedEx Annual Shareholders Meeting. You have to register with your email as an employee to download the podcast. It gets interesting during the Q and A towards the end of the meeting.