pwdrhound is absolutely correct, but what is the use?
I just watched the ALPA "informational" video and three slides near the end explain it all
Slide #1 our current DB plan-the company "sponsor" carries majority of the risk
Slide #2 DC plan B fund-the employee carries most of the risk
Slide #3 ALPA VB proposed plan-risk is shared equally
Repeat after me your benefits are not supposed to be a casino.
We can continue to lambast the Union leadership, but the membership keeps voting to approve this garbage.
And the reason why is simple, their ideology makes them despise organized labor. Its the saddest thing I've seen at any airline in my lifetime.