Originally Posted by TurbineDriver

Why in the world would we as pilots ever consider giving control of our retirement money to the company again?

The union is looking at dropping our 401k contribution in exchange for a Variable defined benefit pension plan. No guarantees you would ever see that money again after a bankruptcy or if you were fired etc.

Heck no!!!!

My favorite part about the 401k is it’s my money and I can invest it how I choose.

Let’s hope this gets voted dead ASAP.