Originally Posted by golfandfly

It’s almost like a 13 year old is using dad’s login.

The variable plan the union has been advocating (and wasting tons of our dues money on consultants) is an incredibly complex plan. How many companies have this plan? It requires the company to outlay a significant sum of money to stabilize the fund to be able to deal with downturns in the market. Again, incredibly complex. If you were around during the hard sell of this plan, you might have seen a video where they compared years of service as pancakes. Thus, the term pancake plan.

If you’d ever read something before spouting off, you might have noticed that I have said that I’d support other tried and true methods to increase our pension benefit. Flat dollar, higher B fund, increases to FAE or multiplier on our current A fund.

You’re right, I do really like our A fund. There’s nothing like renewing streams of income when you aren’t working. However, the amount just needs to be increased. It’s not a complex to change $260,000 to a higher amount or 2%/year to a higher percentage.