Military Members Slap FedEx With Pension Class Action

Law360, New York (May 12, 2017, 6:27 PM EDT) -- Two U.S. military veterans filed a class action in Tennessee federal court Friday alleging that FedEx underestimates the pension obligations it owes workers for their periods of military service, days after a Sixth Circuit panel found that the company's formula violated federal law in an individual suit.

The shipping giant violates the Uniformed Services Employment and Reemployment Rights Act by basing its 401(k) match during service on the amount a worker would have made without considering overtime, under-contributing to the accounts of workers who regularly work...
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