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hello im chris kelly im a lead aircraft mechanic i work in memphis tennessee for fedex express i was hired in 1978 and this september i will be celebrating my 30th anniversary with fedex im also on the organizing committee helping to build change and form a union in conjunction with the teamsters let me go into the pension and whats whats going on with the pension back when i hired on we had something called or we had a pension plan called the traditional pension benefit there was a formula available in the pension benefits book and basically if if the employee worked 25 years he would he would be credited with those years of service and in a nutshell he would receive a approximately 50 percent of his high five earnings the changes that are happening in june are are capping our high-five in 2008 dollars which is real important for everybody to understand me myself i have approximately another 10 years to to work with my traditional pension benefit being capped in 2008 dollars i h
