As a 4 year guy with God willing 23 more to go until retirement, I find the stabilized pension model as a better solution than a 3% year over year loss to the current A Plan. However, it's all predicated on the numbers, but speaking generally the concept of a stabilized plan versus a decreasing return on our current pension is better IMO.
I understand my opinion is predicated on how much time I have left versus someone closer to retirement. That's to be expected.
What I don't want to see is lumping our two different retirement buckets into one bucket with an increased B Plan with cash over cap. It's a lot easier to negotiate a larger retirement when negotiating from two different angles.
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