Originally Posted by Tailhookah

Didn’t you learn your lesson the first time? Look around. Pensions are dinosaurs. They work when times are great... but you can’t rely on them. The legal precedent is set and set well. When things aren’t going well, companies can lapse payments and then things continue to go poorly to the point the deficit is too great to overcome. Then usher in BK court where the last person protected and paid is the employee. Pensions gone.

I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.

You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?