Greatplains,
You asked what I should expect. I expect the high five average amount to keep up with the cost of inflation. How long has it been capped at 260K? It is long past time for the high five amount to be bumped. Some say up to 320k, others say higher.
I will not retire under this contract, but if it is not bumped up now, than when? How long should we have to wait? I get that the company does not want to bump it up, but they have saved a ton of money from our sweat over the last two years. Money that we will never recoup. Also, with age 65, they don't have to pay out our pension over as many years.
The B plan bump is only good if you have a lot of years left.
I would be in favor of a B plan bump and an A plan high five bump, but not only one or the other.
Last edited by Nightflyer; 08-19-2015 at 10:30 AM.
Reason: Darn autocorrect!