Originally Posted by
Stan446
Its time to walk away from the, "line in the sand" mentality. The company can afford to pay the maximum IRS limit to the DB. We have been making record profits for the company while sitting in hotel prison for the last year and a half. Its time we reap the rewards. And who would give up a lifetime annuity that pays $230K per year, if the DB plan gets increased? With 9% B plan contributions, I'll have at least 4-5 mill in my 401k, thats 28yrs of contributions. Having a known DB plan lets me invest in more aggressive funds. But the Union wants to put our DB at the whim of the market?
What happened to you man? You've changed your tune a whole lot. I have to say I like this guy better.
Let's meet back here when this industry leading document is presented in all its glory.