Originally Posted by
Fdxlag2
I think the argument is: If it costs $4 to improve pensions $1 than let's find out the best way to spend the $4. Maybe an option that only costs the company $3 but nets us $2 is worth listening to.
That's a nice story/tag line, but seems a bit magical to me.
I'm listening, but let me see ALL the assumptions, let me see ALL the math; because the "variable" defined benefit plan might also yield us 90 cents on the dollar. That's what they call it variable. The risk shifts to the employee, that's why it's cheaper for the employer.
Please Explain FULLY. Please Don't sell.
In marketing: The BIG PRINT GIVETH, but the small print taketh away.