Originally Posted by DLax85

1. Unfortunately, I don’t agree with your first point. It’s become pretty clear that keeping “your/our” A plan will be a collective decision, not an individual decision - thus somebody can take your/our/my current A plan (...to include the Years of Service a pilot has accrued)

2. Correct, the VB doesn’t do anything to the DC plan. Though our total retirement is based on both. Improving our total retirement plan can involve improving the DC plan as well

3. Please state source to this claim, and provide link to the video, Power point presentation or association document which makes this claim. It appears to be common knowledge that if a VB return does not meet the plans “hurdle rate” then the benefit will adjust downward. Even a positive return that fails to meet the hurdle rate causes a downward adjustment. The idea the fund can drop 49% without reducing the paid benefits is.....???

4. Yes - however, without a transfer/or credit of “Years of Service” between the two plans, those who haven’t maximized their “high 5” won’t be getting the maximum benefit from the current A plan or the future VB plan.

KB is very smart and very well respected, however, that should not preclude other ideas and concepts from coming forward.

It’s not unreasonable for dues paying association members to expect our association to diligently research, and publicly present, other reasonable options which work to increase total retirement benefits.

These other options may have less risk, increased individual control, without disadvantaging certain pilot cohorts.

Let’s keep the ideas coming - and critically examine each.