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.
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 ...
Feb 27 (Reuters) - Package delivery company FedEx Corp. said it will rework its retirement benefit plans whereby most participants will accrue benefits under a cash balance formula from June 1, 2008.
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