Originally Posted by
HIFLYR
Well here is the rub the union did not actually have anyone run the numbers on different retirement scenarios, like simply increasing the B fund and getting cash over cap to see what the actual numbers would require. I personally asked this question and that was the answer, yes they discussed them internally but did not actually investigate them like the Variable Plan.
They fell in love with the variable plan and had tunnel vision. They didn’t seem to really look at other options, just lip service. Even though this plan was unpopular with the majority of us, they were hell bent on seeing this through. Unfortunately for them, the company laughed when we submitted this idea...