Originally Posted by
Idaho
I noticed that a segment of guys imminently on their way out the door justify the A plan increase and TA1. They emphasize that it's a choice to opt out, everyone gets the A plan (except new hires), no one can take your pension but you need to freeze and opt out, the market base plan is a defined benefit plan so it's just as good, A plan is worth so much that we can justify lower hourly rates and QOL concessions, young guys and new hires should opt out and it's a great deal, but the old guys need it because they require a steady income during retirement.
do you think that’s because many of them may not have contributed much to their 401k outside of the B fund? I’m not being snarky.