how is it that we can today claim the financial injustice of a late contract and in the same breath claim we need to have inflation adjusted income? Had the contract been signed in 2019 before inflation decided to show up, the whole pay scale would be under water. Is it not better now to have the realization that inflation is upon us and we can put that knowledge into our financial planning? I’m certain if you added in a new contract signed in 2019 pay scale with DC it wouldn’t close the gap created by inflation not only to pay, but also to 401k. Last I checked my 401 is still lower today then last year.

So is it better to now have the “retro” with better then inflation pay scale and the capacity to invest that in a devalued stock or would it be better to have received the money then invested it at the time and watch it shrink? While our non inflationary foresight pay scales get clobbered?