Originally Posted by dckozak

I'm not sure what the common theme of this discussion other than, "leave everything alone and don't let ALPA mess with my retirement". Look, the A plan is DIEING, when we voted in the last contract we agreed with the company to let it wither on the vine and accept a puny improvement in the B plan as compensation.

Unless the caps for the A plan were increased with (at a minimum, the rate of inflation or our pay increases, which ever were less) this benefit, the fixed, company (incurs the risk part) is and was going to become less and less of our future retirees total income. With a flat value A plan pay out, at a low 2% inflation, a dollar 20 years from now will be worth 33% less, 40 years 55% less. At 5% inflation, 20y =62% and 40y =85% less value than todays money. There is no question of whether we individually take on more risk, its happening. The only question is what the vehicles will look like that we support.

I think its a valid proposition that we get the company to continue to incur part of the risk. How its done and whether the benefits out weigh the increased risk, is TBD.



This is just sticking your head in the sand