MLB is a flat out lie and been covered here before. They have a two component pension made up of a fixed fund which is our traditional plan funded by contributions by each team and is roughly 80% of their total pension. Then they have a variable plan COMPONENT which earns returns like a mutual fund each year and CAN BE NEGATIVE FOR THE YEAR AND IS ONLY 20% of their total pension.

The lies about MLB pensions and other high wage earners being in this proposed fund is complete garbage.

read for yourself and quit peddling fake news it takes about 2 seconds:

http://www.mlb.com/mlb/official_info...sion-print.pdf

Once again - i challenge you to show me any DB fund at all similar to what we have been fed here. I triple dog dare you. It doesn’t exist. Just because it was on a PowerPoint from our union doesn’t mean it is correct.

living in the past is sometimes the right move.

I’ll be waiting for those company names to do some research since this plan is apparently very popular and I hope to be proven wrong by your examples. Thank you in advance.