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Old 09-07-2020, 04:09 PM
  #312  
2BEER
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Joined APC: Nov 2010
Posts: 75
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Originally Posted by pinseeker View Post
First, we will not control the investments, neither will the union. The investments will still be controlled by the company.

Second, yes, it can be taken away the same as our current DB plan and dumped on the PBGC.

One sticking point is that the PBGC will only protect one plan. If we adopt this VB plan and freeze our current DB plan, one of the plans will not be protected.
Thanks for the reply. And also you are correct. I read it wrong about controlling the investments.
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