Originally Posted by
kronan
What I find interesting is many people have said the $$ improvements aren't enough to change...but no one, to my knowledge, has used the modeler and indicated that the value they receive is Less than our current A plan would produce for them
First of all, the modeler data hasn’t been negotiated. So, it’s just an educated guess at this point. But, I can tell you this for sure, there is no way I would vote in favor of this plan if my gain was actually 3-4K/year. And that’s what the modeler said I’d get...
With a change of plan, we’re adding risk. What if we screw up the language? What if the market tanks? Lots of variables, and don’t think the company won’t try to exploit them.
I’m not necessarily risk averse, but I’d have to see a much bigger upside if I was going to risk my current pension. And 3-4K/year isn’t even remotely close.
The union fell in love with this plan at first sight. They spent very little time exploring options or trying to let us make decisions. If they’d have spent half the effort on improving our A plan during negotiations as they have selling this scheme, we might have seen an improvement.
And just to be clear, I’d much rather see them explore a flat dollar amount than this plan.