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Old 01-03-2017, 05:40 PM   #1  
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Default Excess sick bank

Anyone remember when excess sick bank is rolled to our Vanguard account?
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Old 01-03-2017, 06:51 PM   #2  
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The end of January.
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Old 01-03-2017, 07:03 PM   #3  
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Thank you.
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Old 01-03-2017, 08:40 PM   #4  
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Here is the FCIF excerpt from last year:

Sick Bank Contribution to the Federal Express Corporation Pilots’ Retirement Savings Plan (PRSP)
The Collective Bargaining Agreement between Federal Express Corporation (FedEx Express) and the Air Line Pilots Association,
International, provides that pilots who have accumulated more than 686 hours in their disability sick account as of December 31, 2015, will
receive a contribution equal to the value of these excess hours in an Employer Contribution Unused Sick Leave Account (subject to the
limits described below). The Employer Contribution Unused Sick Leave Account is referred to in the Federal Express Corporation Pilots’
Retirement Savings Plan (PRSP) as the Sick Bank Account (SBA). FedEx will make this contribution to eligible pilots’ accounts on
January 29, 2016.
On or after January 30, 2016, you can see if you have an SBA contribution by following these steps:
1. Log on to your account at vanguard.com/retirementplans and select the PRSP. (If you have multiple accounts at
Vanguard, you may need to select Employer plans after you log on.)
2. Select History, Statements, and Forms under Plan Details.
3. Select Transactions.
4. Select Source from the “View by” dropdown box to view all contributions made to your account by the specific
contribution sources.
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