FDX retirement age to 65
02-28-2009, 03:45 AM
#22
Bourgeoisie
Joined APC: Aug 2006
Position: 787 SO
Posts: 616
Originally Posted by md11phlyer
Sorry that was rude. Not going to delete it though due to the idiocy of your idea. My point is that 'concessionary bargaining' should not be in our vocabulary now.
I have no delusions that given the uncontrollable and slanted system in place to negotiate contracts that those of us on the bottom AND below age 50 (or 45) will literally have to work until we die. That being said, I don't want to do it here, a place that takes me away from home for nearly half my days for less compensation then I would have received in the '70's and '80's.
I think the time for us to 'wise up' to their tricks is long overdue and I won't ridicule someone that begins to think outside the existing system. Collectively we were late on the age 60-65 fiasco, so maybe it's time for the 'youngsters' to start taking some little measure of control sooner, rather than later.
Comfortable retirement, and all the bennies that used to come with it, has become a bit of morphine for the masses and is something that, quite frankly, I doubt I will ever have a chance to enjoy. The time has come to start treating this 'career' like a 'job' and grabbing whatever we can, when we can (in the spirit and shadow of corporate executives everywhere). Personally I have begun to view working here as a part-time, temporary arrangement that offers no security, no advancement, and certainly no personal satisfaction.
02-28-2009, 04:26 AM
#26
On Reserve
Thread Starter
Joined APC: Feb 2009
Position: line holder
Posts: 13
What this amounts to is whether or not you believe you will be able to retire under the current contractual language. Currently, Alaska Airlines negotiations are at a stalemate, they have the retirement age defined at 60 and are facing this issue. I believe UPS does as well. We're next at the contract negotiating table. Of course we'd all like to believe that the contract won't change by some external circumstance...but it did once (60 to 65) and I believe it will again. Section 28.A.5 leaves plenty of room for a change in the law to change the definitions surrounding our pension. Shoot, it might have passed already, did you get a look at the last stimulus bill before it turned into law? I didn't. FDX has much influence in Washington. I, for one, would like an opportunity to influence this one, before I just have to shake my head in the vertical.
02-28-2009, 05:49 AM
#27
Gets Weekends Off
Joined APC: Feb 2008
Position: MD-11 Captain
Posts: 320
Originally Posted by Auger In
You've got to be joking. You're either clueless or you're a management plant trying to incite derision. If you are legit and you want to work yourself to an early grave at 65, go ahead. Many here don't want to work to 65 to earn what they were promised they would receive at 60.
02-28-2009, 06:16 AM
#29
...Whatever It Is!
Joined APC: Jul 2006
Posts: 4,680
Originally Posted by numbersguy
Auger in: you'll still be able to go at 60, it will just be at a 2% per year penalty....unless we dictate that change. How about a 1.5%/year penalty? 1%?
02-28-2009, 06:22 AM
#30
...Whatever It Is!
Joined APC: Jul 2006
Posts: 4,680
[QUOTE=numbersguy;568827 Of course we'd all like to believe that the contract won't change by some external circumstance...but it did once (60 to 65) and I believe it will again.[/QUOTE]
DUDE, the law changed the regulatory age and did not change our contract - which is why we can still go at 60 WITHOUT penalty, because it was in the contract that the normal retirement age is 60. And you want to give that away? You want to write into the contract a requirement that I'll be senior to you for ANOTHER five years?
DUDE, the law changed the regulatory age and did not change our contract - which is why we can still go at 60 WITHOUT penalty, because it was in the contract that the normal retirement age is 60. And you want to give that away? You want to write into the contract a requirement that I'll be senior to you for ANOTHER five years?
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