Originally Posted by
TonyC
The benefit is not, and never has been unlimited. It's based on earnings, which is based on work performed. Nothing is at risk "up front." The employee performs a unit of work, a proportion is set aside to fund the "A" Plan, and a proportion is directed to the "B" Plan. When it's the "B" Plan, The Company has no choice but to incur the entire expense immediately and repeatedly. In the case of an "A" plan, the money still belongs to The Company and the obligation can be spread over time.
Why do people believe it's too expensive for The Company to save the money, but the pilot will have no trouble?
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I don't think it is too expensive to save the money as you describe it. And it certainly isn't too expensive for the company now that they have a known ceiling. But you tell me what the pay rates will be in 2040 and now we are talking setting a side a big chunk of F/O New Hires $1500 pay check to cover his high five retirement check of 300,000K.
And the inverse is true, why do people believe it's too expensive for an individual to save the money but not the company? Now I am done with this before all the little girls who's feelings get hurt because someone has a different opinion start making the personal attacks and then I get attacked for defending myself.