Originally Posted by
DLax85
Hub turn message was the union plans to get more info out in 2-3 weeks
They are looking at two new plans to "replace" the current A fund.
A "variable accrual" plan or a "variable benefit" plan.
No talk of increasing B fund (like UPS) and keeping current A fund
No talk of making A fund changes similar to what UPS did in their last negotiation
It's clear the union leadership has put in a lot of monetary and emotional capital into researching these new options and the train is about to leave the station
Some are asking why other options to increase overall retirement, without changing to a whole new A fund construct, aren't being discussed, surveyed or offered...???
How limited/focused will the pilot survey be?
Will it lead pilots to a choice between options 1 and 2 --- while in reality options 3, 4 and 5 may also exist?
Thank you for that explanation, DLax85. I think it will be telling about what comes of your last point, about the survey. Will they phrase it as only choices between the options that they are invested in, and afterwards conclude that they are only doing what we directed? Sounds like age 65 rule change all over again.