Originally Posted by
MEMFO4Ever
Sounds great, except hybrid plans are both qualified by the IRS and covered by the PBGC.
Want to believe ya, but heard it from an MEC member... corporate wants to eliminate the extra/penalty contributions that they’re required to make in certain circumstances under the current A Plan. THIS IS THE ONLY REASON THE COMPANY IS EVEN ENTERTAINING THE IDEA. Please don’t tell me you actually believe the company wants to negotiate something else just because it would be better for the pilot group. (because that’s kinda what you’re implying)