FDX: Leaving purple for a legacy?
05-28-2014, 07:24 PM
#311
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Joined APC: Nov 2013
Posts: 2,756
Originally Posted by KnightFlyer
You do get stuck with FICA, but you get the B fund contribution plus 401k plus $500 match; it's basically a wash ...
05-28-2014, 07:32 PM
#312
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Joined APC: Jul 2009
Posts: 1,224
Originally Posted by max8222
The chances of the 777 Capt's retiring are about the same as them not picking up all that open time as extra flying or flying it at draft or volunteer. I know they are working on their high five because they have not had the chance the last 20 years as WB capt's. There is more open time for them after VTO's assigned then there were for the ANC capt's before our VTO's got built. ANC open time now, only two DP pairings.
I fully expect their open time to be devoured quickly, but one can hope. There is no way they could cover that flying with reserves. The lanyards won't get us a contract, but idle 777s will....
05-28-2014, 07:42 PM
#313
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Joined APC: Nov 2013
Posts: 2,756
Originally Posted by golfandfly
I don't disagree at all, but I've never seen that much open time after the secondaries were built. I'm not expecting mass retirements, but I'd like to see them inquire about it. The company will see this for sure.
I fully expect their open time to be devoured quickly, but one can hope. There is no way they could cover that flying with reserves. The lanyards won't get us a contract, but idle 777s will....
I fully expect their open time to be devoured quickly, but one can hope. There is no way they could cover that flying with reserves. The lanyards won't get us a contract, but idle 777s will....
05-28-2014, 07:47 PM
#314
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Joined APC: Aug 2006
Posts: 599
Busdriver, You caught my subtle note. A lot of the guys close to retirement say they are sticking around for a better contract. Well, looks like they have the power now to get one. Just need to hold out. Lets see if they put their open time where their mouth is. Unfortunately not all people with power know how to use it.
05-28-2014, 07:49 PM
#315
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Joined APC: Jul 2009
Posts: 1,224
Originally Posted by busdriver12
Maybe the lanyards won't get us a contract, but I feel good about wearing mine and am noticing whomever else is wearing theirs too. It is a constant reminder to me.....that I want a contract. Now.
05-28-2014, 07:57 PM
#316
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Joined APC: Nov 2013
Posts: 2,756
Originally Posted by golfandfly
I'm not turning this into the lanyard debate, I wear mine. I'm simply saying that it gets the company's attention when freight doesn't get moved.
05-28-2014, 08:55 PM
#317
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Joined APC: Aug 2006
Posts: 599
Busdriver, The company potentially handed us a new contract with all the open time. It is up to us to decide if we want a contract. Do the senior 777 guys really want to retire with a better contract, or do they want to keep working on their high five? We will see tomorrow night.
05-29-2014, 03:59 AM
#318
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Joined APC: Aug 2006
Posts: 1,433
Originally Posted by busdriver12
Hmm. So you get B fund contribution of the entire vacation sellback plus the match if you retire after Dec 15th but before the 31st? That's interesting and useful information. Need to go to a seminar.
05-29-2014, 04:51 AM
#319
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Joined APC: Oct 2009
Position: 777 Capt
Posts: 129
Highly recommend the retirement seminar.
The lady that does it use to be the FedEx expert, now works for us.
Order your retirement summary to take with you. It takes 6-8 weeks to get it so plan ahead.
I think you accrue your vacation by Nov each year so having the vac payout in your last year shouldn't be a problem.
The lady that does it use to be the FedEx expert, now works for us.
Order your retirement summary to take with you. It takes 6-8 weeks to get it so plan ahead.
I think you accrue your vacation by Nov each year so having the vac payout in your last year shouldn't be a problem.
05-29-2014, 10:46 AM
#320
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Joined APC: Sep 2006
Position: Retired
Posts: 3,717
You don't have to be retiring in the immediate future to request the retirement planning package. It's always nice to know exactly where you stand, based on your previous pay and years of service, so you can (sort of) plan out how you want to spend your remaining time at FedEx, to allow you to reach your goals.
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