Originally Posted by
Going2Baja
Winner Winner Chicken Dinner!! 82% Voted Yes, but 82% aren't happy. It was the better choice of two evils. I didn't see a way out of this hole. Malone did what he said he would. in 2019 they better be going after QOL and a form of a retirement.
Baja.
Uh...what? My "QOL" is pretty good right now, as is most all of ours. This TA won't affect that one iota. In fact, especially in these winter months, the hefty pay raise that we just got will enable anyone in a decently manned category (which this time of year is many of them) to personally drop a 3-4 day trip, and receive the same take home pay that he or she is getting now. Now THAT'S a "QOL" enhancement. Further, we already have a "form of a retirement." It's called a 15% DC plan, soon to be 16%. Check out "compound interest" and extrapolate that over a long career for our newer hires and tell me why they should still want a DB plan?
If by "retirement" you mean a traditional DB plan...I would be highly inclined to vote AGAINST any future TA that contained a DB plan. They are lies and nothing else. Those promises WILL be broken again, as they have in the past.
Now if by retirement you mean even greater DC contributions, then I am on board. Even more immediate would be far better medical plans.