Originally Posted by
pinseeker
And the sales job begins. Every source that the MEC gives is a proponent of the variable DB plan. Why don't they give us sources advocating other types of plans or the benefits of traditional DB plans. When you read Cheiron or Blitzsteins websites, they talk about the insecurity of traditional DB plans due to lack of funding. What about a DB plan that is fully funded?
We need to be talking to other crew members NOW to get them asking questions.
As our 260k capped pension becomes a smaller and smaller percentage of our actual salaries it is less and less likely that our plan will ever be underfunded. One of the reasons I think we should keep our A Plan and explore other options to supplement it or the B Fund. The question I want answered is how much would it theoretically cost the company to increase the cap to 300k. Why is that a secret?