Originally Posted by
Chilitime
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”.
How dare you not agree with him!! You must be “mentally challenged” or you just don't understand. You must be one of those union crooks “trying to sell snake oil”. You must be “making money off of this”. Your part of this whole conspiracy going on!! Are you a mole sent from the inside to “sell” this plan? HAHA SARCASM
Little does this group against the new plan realize, the silent majority may not have the same feelings as them. This scares them to the core that we may be open minded to look at new ideas. So when you respond they will respond with paragraph after paragraph of “personal opinion” mixed with a lot of conjecture. Be ready to be accused of everything after that post!!! Haha