The ERISA law was implemented with the intent to safeguard pensions. Like everything else, the lawyers and beancounters took the law and distorted it, so that any pension can be destroyed at the first economic downturn.

I have worked in two industries (steel and airlines) where most employees lost their A plans. After my experience at the first, I was amazed at the ignorance, and arrogance of our union in believing "it can't happen to us". I lost 180K+ in ESOP stock, and my A-plan to this arrogance. Never again.

I will take more B plan, but never want someone with different motivations than my own, managing my money.

Scope for an A-plan? Scope for a no-furlough clause? Never give up something now, for a promisary note far in the future. Especially when those promisary notes come with a Force Majeure clause.