Originally Posted by kronan

Ridiculously hard sell. Don't think those words mean what you think they mean.

What's ridiculous is the fear-mongering about the plan.
The, there's no way to achieve those modeled results without investing in stocks...duh.
The, you'd have to be an idiot to bargain away our A plan...duh, VB plan is just a different benefit calculation, still an A plan-just one with a different formula.
The, military guys are going be screwed when they take a leave of abscence. Well, No, Military guys are specifically protected and all retirement benefits accrue as if they worked full time.
The, that 25 year salary is BS....I've been here 25 years and I don't earn anywhere close to that. Hello, that's a salary prediction for 25 years in the future. (And one that I personally think was Low on what it's likely to be. IMO-inflations going to be running higher, which means Pay raises are going to be higher than we've seen recently when inflations been in the 2% ballpark)

The ONE true fear-mongering comment is, well, I don't trust the model because nothings been negotiated yet. Tough to argue with that, but it's hard for me to imagine NO ONE noticing that any Benefit Change wouldn't be commented on by everyone. Impossible for me to imagine myself, failing to notice that the Floor Benefit limit was somehow left out.
But yes, everything's still to be negotiated. Got me there.

Hard Sell. Man, it's been anything but. It wasn't a Trust us, here's a power point. It was a here's what we considered. Here's what we think is the best option, one with a earnings cap that never has to be negotiated again, here's what the results are using actual returns from 99-present (Returns that included the dot.com bust circa 2001 as well as that of 2009)
We're setting up limited sessions in the hub to run your personal data. Well, we listened to your feedback and have taken the Modeler Live, so everyone can run their own scenarios from the comfort of their home