FDX Seniority adjustment
 

Bumped up 161 spots. Retirements, a couple quitters, and the loss of some of our friends. A bump up from the projected number...and healthy. For new hires my best guest is 150 a year is a reasonable +/- number for your planning. Lots of folks speculate a new contract will flush a bunch to the exits, but I tend to be more skeptical than most. We have some pilots who fly right up until their 65th birthday...not even taking their BD month off. Not criticizing anyone--its their right--but I don't think that many pilots are bailing at 62 as many thought they would. Some pilots are sailing before 60, and some along the way, but it appears most will hang on until that last year of eligibility. Hopefully there will be some growth from the TNT deal that will eliminate retirements being the only driver in hiring and advancement.

155 for me Albie... See ya in daKong... Z

142 here.


Most thought they'd have a way to deal with the staggering cost of retiree healthcare insurance prior to reaching Medicare eligibility. We let them down, so they have little choice but to stay until 65. Hopefully there will be a solution to that problem in the next CBA. It will be beneficial to everyone.







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167.

149 last year.

Been a long time coming.....

Absolutely. Pilots chose FedEx over other companies because of the stability, and the retirement was a big part of that plan. Failing to adjust retirement income for inflation is the same thing a pay cut year after year. At 50, protecting and improving retirement is my number issue. There are only about 4200 current FedEx pilots, and the number of pilots that retired over the years while numerous is not a huge number for a Fortune 500 company. FedEx can obviously afford to pay its current retirees. Those who have worked here the last two decades have helped this company more than triple in size since the 80s. They have earned a secure retirement after years of challenging work. Its past time...

Here's a number to ponder. How many spots have you moved up since you were hired? I've moved up just over 1600 in nearly 19 years. Not quite 50% of the pilots senior to me when I was hired. There are only 870 or so more on the seniority list since then.

Alas, 'twas only 96 for me.:(

I moved up 1,452 in 25 years.

Clutch how did you find your original seniority number? Maybe you just have it memorized?

Anyways, I'm up 126 numbers here. Seems like there were about 3,000 on the property when I was hired.

"Lots of folks speculate a new contract will flush a bunch to the exits, but I tend to be more skeptical than most. We have some pilots who fly right up until their 65th birthday...not even taking their BD month off. Not criticizing anyone--its their right--but I don't think that many pilots are bailing at 62 as many thought they would. Some pilots are sailing before 60, and some along the way, but it appears most will hang on until that last year of eligibility"

You know, I don't understand staying until the very last minute. I do get it for people that got hired by FedEx at a later age, and are trying to maximize their retirement, or those that have financial difficulties. But otherwise, is the job that enjoyable, when you are struggling with the physical burdens that aging brings? Even if you have the best schedule in the bidpack, you still get stuck flying night hubturns, trip revisions, and in ice storms. It has got to shorten your life, why not enjoy what you have left, even if retirement doesn't pay as much as working does?

Of course, someone did just retire at 58. I hope he collects his pension for 50 years!