Originally Posted by
But seriously
I don’t think it’s a”play” by anyone. As I read it, they are implementing it this way to comply with an IRS rule they expect they’ll have to comply with anyway. I’m not totally confident on that analysis though. I’m glad they are putting it out for a vote and putting out pro and con letters.
Wouldn't it have been better to wait and get a definitive answer to that before potentially railroading something through that, at best, doesn't alter the status quo and at worst considerably reduces the options a pilot has to make decisions for themselves
and takes away control over more dollars in their retirement?
I'm just not understanding what the rush is and who it benefits. I'd rather take the time and make sure it's done correctly than do something just for the sake of getting it done.