It wasn't essential that the 4th pillar was a return to DB. As I have said many times, I didn't want that either... it wasn't my personal goal. The MBCBP was a good step, but it took for-damned-ever to implement. The increase to the DC was a good thing, but again, why so long to implement? That didn't benefit but a very few of those that needed it. So thank you very little MEC.

It is interesting that you believe the .gov will steal your money. I don't disagree either as I know they are probably drooling at all the ROTH IRA money out there and those multimillion dollar 401(k)s that you will have. So you should be asking yourself the same question I asked myself years ago when ALPA gave away our pensions; 'How do you protect yourself?" Fortunately, my wife was far smarter than I was because as a newhire and the DB was presented, she said the whole thing looked like a house of cards way back then. So we structured our lives based on the fact that it was a fantasy. Thank God for her wisdom beyond her years. But now you have the 401k. That beautiful little sliver in the tax code that allows you to squirrel away a little tax deferred monies. Nah. They could never take that away, could they? You are wise sir. They will come for it. Someday. Guaranteed.

But what disregarding the 4th pillar was, was a giant **** you to those of us that gave you profit sharing and the 401k. Thanks for that.