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 ...
A scalding New York Times report revealed on Sunday that FedEx slashed its federal income tax bill to $0 in 2018. One defense from the package giant on the ultra-low tax bill: Money saved from not ...
Starting next year, FedEx Corp. will make changes to its pension program, effectively capping benefits so it can shift employees into a “cash balance” system it established in 2003, as well as 401(k) ...
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 ...
Two former FedEx pilots have sued the company and FedEx pension fund fiduciaries, alleging the defendants violated ERISA by using out-of-date mortality data in calculating pensions that short-changed ...
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 ...