Originally Posted by NotMrNiceGuy

Everyone needs to calculate what the pension/DC is worth in their own circumstance for those making the change to the MBCBP. For those with over 22 years or so, it’s somewhere between 25-30%. So why would we be okay with 15%? It’s not even in the ball park.

For those in that age demographic, the old A-Plan is not an option as it will never be improved again. We’d be putting ourselves in the same situation as we’re trying to get out of without the possibility of throwing a Hail Mary on our last contract.

Why would the retirement come at the expense of current compensation? The company will contribute less to our retirement than Delta does to theirs. If we keep that MBCBP, our pay rates should exceed the legacies by a good bit since we are capped and they are not.

Those legacy pay rates and retirement also do not account for their profit sharing. Delta is effectively getting pay rates 10% higher than ours with another 2% contributed to the DC because it’s pensionable. And that average accounts for black swan events like COVID and the Great Recession.