I agree. At least they are honest and say their model can’t be relied upon for retirement planning estimates.

The entire point of the defined benefit is that you know, with certainty, what you are going to receive. Yes inflation will chip away at that values true purchasing power. However, if you have a mortgage when you retire you can refinance at a fixed rate and that payment will be locked in too...you’ll have fixed income covering a fixed payment. Your 401k can be used to travel, buy cars, medical bills, showering grandkids with stuff, etc. You’ll also have social security.

I haven’t flown with anyone yet who is a fan of the unions plan. Sure it’s anecdotal, but I think it demonstrates there is little to no support out there for the plan the union pitched to the company.

I’d love to see the A plan increase, not sure the company is willing to do that. I think a more realistic goal is to increase the company’s contribution up from 9%.