Originally Posted by
kronan
VA plan IS a Pension, it's just Defined Differently.
But it is Still a Defined Benefit Plan
For Something that a few on the Internet define as a GiveAway to The Company...Company sure doesn't seem to be in any hurry to Accept this So Called Gift to the Man
While the new plan that the union is pitching is a pension plan, it is not a defined pension, it is a Variable Pension.