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FedEx's 401(k) and Misclassification of Employees as Independent Contractors
The Pension Protection Act Blog
Apr. 4, 2012
"[The recent Huffington Post] article is a good read because it contains updates about the various lawsuits FedEx has faced over the years, and the ineffective response from Congress to address this situation.... [Plan language], which was included in many EGTRRA prototype and volume submitter plan documents pre-approved by the IRS, ... may kill any potential recovery for the FedEx drivers for retirement benefits if a court determines that they were improperly classified as independent contractors."
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