Originally Posted by
Timbo
When they cut our pay 42% AND flushed our DB plans, they didn't ask for one or the other, they took BOTH!
Well, now it's time to restore BOTH.
I don't want a DB plan. It is nothing more than a promise to pay that management will hold over our head, threatening to terminate if we don't play ball and agree to concessions.
Since they have already done that once, if we were to somehow miraculously get it restored, we all know that they would just go back to their old tactics again. I don't want our negotiators to waste one nanosecond or a spare breath trying to get a traditional DB plan back in our contract.
Now if you want to talk about increasing the company's DC contribution to approximate their cost of a restored DB plan...then I am all ears...