FedEx that bad?
01-06-2025 | 02:01 PM
#91
Line Holder
Joined: Sep 2006
Posts: 1,209
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From: MD11 FO
There are a lot of ways to send the pension into distress without Fedex going out of business. What do you think would happen if Fedex split up the corp and put the fund in one company and sold it off or let it go bankrupt? There are multiple ways to get rid of hte pension without destroying the corporation.
01-06-2025 | 02:09 PM
#93
Line Holder
Joined: Aug 2006
Posts: 1,357
Likes: 133
There are a lot of ways to send the pension into distress without Fedex going out of business. What do you think would happen if Fedex split up the corp and put the fund in one company and sold it off or let it go bankrupt? There are multiple ways to get rid of hte pension without destroying the corporation.
01-07-2025 | 04:41 AM
#94
Aspiring PSA Captain
Joined: Sep 2020
Posts: 1,144
Likes: 197
That said, I would like to keep the pension just to keep it diversified. My 401k ain't guaranteed either.
01-07-2025 | 07:36 AM
#95
Gets Weekends Off
Joined: Dec 2021
Posts: 558
Likes: 0
If you don't think a "business friendly" republican trifecta in government could/would unwind those "firewalls" just as fast as they went up you're mistaken. The current rules ain't the previous rules and may not be the future rules. Your confidence is misplaced.
That said, I would like to keep the pension just to keep it diversified. My 401k ain't guaranteed either.
That said, I would like to keep the pension just to keep it diversified. My 401k ain't guaranteed either.
01-07-2025 | 07:38 AM
#96
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
There are a lot of ways to send the pension into distress without Fedex going out of business. What do you think would happen if Fedex split up the corp and put the fund in one company and sold it off or let it go bankrupt? There are multiple ways to get rid of hte pension without destroying the corporation.
01-07-2025 | 11:30 AM
#99
Gets Weekends Off
Joined: Nov 2017
Posts: 2,174
Likes: 1
It is a J O B, not fantasy disco. They are not supposed to be fun. Get senior....or not and leave. It comes down to what you can put up with if you want to live in your outstation/base and block very little every year. It is a meh place to fly if you hate to fly 🤣. Pays better than BizEx/Connie and the checks do not bounce. So, yeah!
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