Originally Posted by
Tailhookah
What I don’t understand the pushback to a plan that will essentially give us a 9% raise (in addition to a raise in pay rates) but masked in a retirement vehicle that is in addition to our 401k.
You don't get that people want to be in control of their own finances? That people are concerned with their monies being under PBGC protection (because the plan is NOT in your own name.) ? That many have alternative strategies for retirement. I'd take a 9% pay raise and invest it as I see fit post tax. But, yes, I know you don't understand these push-backs.