The 25% reduction in retirement over this 9 year contract just makes me sick. Adding 2% to the B fund will not overcome that massive of a reduction to the A fund buying power.

If I did my calculations correctly, we would need a $15000 company 401K match every year AND a 16% average return on investments to allow us a person to retire in 10 years and makeup the amount lost between now and then in their A fund buying power value.

Congrats, you just got a 10-3-3-3-4-3 cost of living increase. By the way, you need to save an additional 400,000 over the next 10 years above and beyond what you are saving, just to keep your retirement the same as it is now. Not sure where I'm going to find that extra 40K per year to save.

Wait that's 60K pretax earnings that I need. Did we get a 60k per year raise?