Originally Posted by
Gone Flying
I'm curious, if the opt out rate is well over 50% for those hired in the last 10 years if the union will find a way to make it optional for new hires.
There is a notable shift in language from optional to “status quo” with this notepad. Many of us on here were certain that that we would not be the first group to be granted an optional plan by the IRS. Looks like that was right, and the workaround was that current employees were permitted to maintain their status quo benefits.
I would be shocked if there was any subsequent opt in/out window. The only way I could see that happening was with a wholesale change of the plan to something else.