Originally Posted by
BoilerUP
[outsider alert, outsider alert]
Why talk about voluntarily ending the defined benefit?
Why not improve the defined benefit AND defined contribution, so that people at every end of the age/career spectrum can benefit? Yeah doing so may not be as big a DB bump as some older people want, or provide as large a DC bump as some younger people want, but having something for everybody in Retirement might earn YES votes without further fracturing the group into perceived winners and losers.
Obviously FDX pilots are going to vote in their interest, and I completely support FDX pilots getting a new TA that you've 1. earned and 2. deserves a YES vote.
[end outsider alert]
This is exactly what we need to be bargaining for.........Modest improvements to both the Pension and DC plan with a Cash Over Cap. Small bump in the Pension for the senior crowd and raise the DC to align w/ and exceed our peers (UPS). Get us up to thier 12% and have it increase throughout the duration of the contract. All segments of the seniority list benefit.