Originally Posted by
Nick Bradshaw
I put these two quotes together so that maybe you'll understand. The 4th pillar was min balance for those of us who got our pensions stolen, not a 2% DC boost for junior who has lots of time to save.
The minimum balance was an imaginary program designed to keep the “Deadzoners” quiet during negotiations. It never existed anywhere else, and likely never will. The votes were not there to hold up negotiations for it in 2019, and certainly not after the VEOP. Anyone who thought there was a chance of it surviving to at TA was a fool.