The one thing I don't want in our next contract is an A plan COLA (see Warren Buffets latest letter regarding pension promises).

IMO- a cola would increase the probability that my pension goes away. (The same 10k annuity with a 2% cola is 2.6M. Or 800k greater than the non-cola option posted above....so, that wag vs the 100+ retirees over the next few years is a huge chunk of money)

Even if we decided that a COLA was the only gain we want from our next contract, it's something that could totally go away should Amazon, God forbid, really start shipping everything via drones and FedEx Express division needs to restructure in 10 or 15 or 30 years from now. And it would really suck to think back to 2014 when we went for a COLA vs an increase in the B plan when we contemplate our PBGCC monthly pension of 5,000$ a month

My, and my wife's, IRAs are my families COLA plans