The lawsuit claims FedEx did not properly calculate pension benefits and contributions as required by the Uniformed Services Employment and Reemployment Rights Act (USERRA). Two employees have filed a ...
The surviving spouse of a fully vested participant in a FedEx pension plan claims she is being unlawfully denied a survivor annuity benefit owed to her by the plan. A complaint filed in a federal ...
For FedEx employees deciding between their current 401(k) plan and the upcoming pension-less plan, age is a factor, local financial experts say. FedEx is closing its pension plan for those hired in ...
Shipping giant FedEx's pension plan will close to new hires in 2020, but the company will bump up 401(k) benefits to an 8 percent employer match starting in 2021. "FedEx is evolving our U.S.
FedEx Corp.FDX0.17%increase; green up pointing triangle is closing its pension plan to new U.S. hires starting next year, joining the ranks of large U.S. companies phasing out guaranteed retirement ...
NEW YORK, Dec 18 (Reuters) - Package delivery giant FedEx Corp said it was cutting pay for all salaried personnel by 5 percent and suspending retirement plan contributions as it slashes costs because ...
Starting in 2020, new FedEx hires won’t be able to join the company’s employee pension plan, the Memphis logistics giant said Monday. FedEx is launching a new 401k plan at the start of 2021 for U.S.
New FedEx hires won't get a pension plan, the package giant's 425,000 employees learned on Monday. That realization comes a day after The New York Times published a scalding report on the zero dollars ...
A Sonoma County woman is suing FedEx in federal court for the right to claim her late wife's pension, following two years of denial by the Memphis-based courier delivery company. Stacey Schuett, an ...
We recently compiled a list of the 15 Best Stocks To Invest In For Retirement. In this article, we are going to take a look at where FedEx Corporation (NYSE:FDX) stands against the other stocks. It is ...
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today that Alan Graf, executive vice president and chief financial officer, will retire effective December 31, 2020. Mike Lenz, ...
DETROIT (Reuters) - Package delivery giant FedEx Corp said it was cutting pay for all salaried personnel by 5 percent and suspending retirement plan contributions as it slashes costs because of a ...
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