That sounds a bit hyperbolic, Dr K. I’m not sure which video or union rep proposes day trading, etc. All of the questions you bring up, such as pbgc, hurdle rate, floor rate etc are answered in the comms. I see your point that there are no concrete numbers on what those values are, and the value of the proposed plan DOES hinge on those. They would have to be negotiated to be codified. Did you know that the union proposed a look back provision, wherein you could choose to stick with the old plan upon retirement?
At any rate, an online survey will be released soon, and available to all members, according to the recent PUB meeting. At the recent online PUB event, the leaders are asking for maximum participation so they have valid results. Then the MEC will know where we stand as a group, instead of relying on pilot anecdotes about “my cousin says it’s all a bad idea, and he makes a ton of money as a day trader”.