Originally Posted by
kronan
100% agree that everything would have to be negotiated. But a big consensus seems to be I'm against the PSPP BECAUSE it's still subject to negotiation, and "I" don't trust my NC to remember to input a floor or tie the accumulation rate to a value in order to protect the thickness of a years pancakes from a regulatory change regarding the DC limit.
I’ll admit it, I don’t have faith we can negotiate a sound plan. I’m not saying I don’t trust our negotiating committee, but as the old saying goes, the company has a team of hundreds of lawyers and we have 2 guys that went to night school...