Retirement Website
 

For those desiring to add to their knowledge base regarding proposals to our retirement plan, please consider visiting a website that I put together. The site is private, will require registration, and I will confirm that you are on our current seniority list.

The site includes data, links, union podcasts (with comments added), and many other items that should be considered prior to blanket approval of any new plan proposed by union. The goal is to educate alternative viewpoints with sufficient data and proof to provide talking points with references.

To gain access - send me a PM and I will share how to view site.

Previous post regarding topic: https://www.airlinepilotforums.com/3123894-post313.html

Cheers

Can you post this on Jetflyers - might give you a little more credibility

In the future perhaps - but - at this point, hesitant to put my name out there as a dartboard. Fellow FDX pilots are currently reviewing the site for accuracy and helping to ensure errors are minimized.

Topics include:
- Fedex Pension Page
—— Link / Download Pilot Benefit Book
—— DOL 5500 Links for Pension Assets (to refute bankruptcy risk at 103% funded)
—— 2020 Annual Report with Snips and Comments showing SEC documents do not support “risks” spoken about by some Union Reps
—— 2021 First Quarter Results - showing same verbiage of Pension Assets in excellent shape
—— Link and snip showing 100 worlds largest pensions (60 in United States, Fedex #24)

- General Information Page
—— FedEx retirement Basics (just the facts)
—— IRS Website Deferred Compensation Limits (snip showing site info)
—— 1987 - 2020 IRS Limits (shows that from 1994 to 2008, the IRS DECREASED limits and took 14 years to get back to 1993). “Pancakes” or shares may rely heavily on this point and IRS could change with an administration friendly to do that.
—— ERISA / PPA 2006 funding requirement links
—— Railway Labor Act Negotiation chart (the end is “Chaos” - self help or strike)

- PBGC Info - obviously a link to the site
—— Termination options (AA 2011 Pension Freeze is standard and NOT at PBGC due to post 2006 PPA rules)
—— PBGC Solvency issues (describes Multi Employer plans in jeopardy and Single Employer [FDX] plans with surplus)
—— Premium Calculations for PBGC (83/individual and an amount not to exceed 561/individual for “unfunded Vested Benefits”)

- Stabilization / Variable Plan Info (Many names, operate the same)
—— Reasons against
—— Cheirons Briefing (basically saying a DB is best for individual - what we have currently)
—— Origination of “Pancake” briefing
—— Variable Plan Documents - Email Exchange with Richard Hudson, formerly of Cheiron, answering many questions (that counter Union statements btw) regarding plan details.
—— Company info on Findley / Milliman / Cheiron regarding THEIR plans (which are not Variable Plans - so guess they weren’t sold on their own ideas)
—— Groups that currently have Variable Plan and their documents (with snips showing the PBGC NOT guaranteeing any plan under 5 years - which BTW is in OUR current Pilot Benefit Book also)

- Union Explanations
—— YouTube Video Links
—— 20 Questions for MEC Reps (many of these I have an educated guess) but are considerations for the PSPP

- Union Podcasts
—— PDF Transcriptions of all 7 (thus far) with my comments in RED - there ARE inconsistencies, false, and misleading information during their Podcasts.

- What do YOU care about (basically a look at perspectives of our demographics)
—— New Hire with 25 years or more until retirement
—— Middle AGE with less than 25 years possible (Hey THAT IS ME)
—— 25 Year + Veteran currently employed and extending past the 25 years
—— Quality of Life Seeker (Pregnancy, Mil Leave, Kids, Caregiver, Emergency Leave)
—— Upgrade possibilities and International Flying (essentially PSPP would drastically alter current system)

I am willing to ADD content - and definitely seek accuracy within the site. I believe (other than my sometimes snarky comments) that the site is unobjectionable since I provide links and snips essentially SHOWING data to readers rather than misleading via speaking with unconfirmed information.

Send a Private Message for Access.

FB

Jetflyers adds credibility haha..... To who? Its the same 15 names complaining about everything all the time. We are doomed in negotiations if a lot of us think like you in regards to JF being credible. I have seen so many incorrect things posted on that site. Its maybe 50% at best on credibility. Its more of a comedy site for laughing pleasure. Like the guy who posted the other day on how to buy a house to “claim” residency in Tennessee while his wife and kids live elsewhere. I sometimes ask how these people fly airplanes. That site is littered with management and people post the stupidest self incriminating things. Then you have the standard “Im smarter than everyone” group who chimes in on everything within seconds with “personal thoughts” and not facts. Its honestly hilarious and most of the angry 15 don’t realize everyone is laughing at them not with them.

So you spend all this time on a website to hide behind a curtain because your “hesitant to put your name out as a dart board”? If your going to challenge those who have researched this project and the professionals then have the guts to put up or shut up. Doing these secret sites during negotiations is a killer to the pilot group as a whole. Im guessing thats your goal anyway. Well job well done if you are trying to creat divisiveness. If you think that will help us be successful then god help us all.

Somewhat true, but at least they do it using their real name.

Thank you Starclipper or new troll for an input without education.

Obviously, you are welcome to see the site, if you actually have a seniority number here. After reviewing, feel free to judge.

Information is not a killer, misinformation is.

Enjoy your mother’s basement.

You’re a flake. You’re no different than the trolls at every other airline that try to make a personal site for self propaganda. Your type have a complex that has to be heard. You’re doing nothing but creating disunity and I guarantee you it will do us no good in negotiations. It must be nice to hide behind a curtain and say whatever you want but those that are actually doing the work have to put their name on it.

Damn you’re a bitter loser....

Clearly you haven’t looked at the site he’s provided. It’s a great source of information about many things. It’s not an opinion site, it’s a place to get the actual no kidding real info. Noworkallplay, you are not contributing anything of value to your fellow pilots.