Originally Posted by
DLax85
I had too a similar conversation with a 30 year+ Financial Officer who works on union pensions in the Northeast. He fully understood the difference between our current Define Benefit Pension....and the proposed Variable Benefit Pension. He too said it would be crazy to give it up. Way too many variables, and in the end the pilots will be taking the risks. I explained we had a B fund too. He said - Keep your A fund, and get the B fund increased. That's the best you're gonna get without getting screwed.
In Unity,
DLax
Until we have a 20% B fund we don’t leave $ on the table. That’s a long way to grow!!! And I’m not saying get rid of the A fund for a big B fund....