Originally Posted by
crewdawg
This is true, but it's a bit obtuse to not conceed that it can become a high cost item to keep. Losing out on other gains because we try to keep, as cost rises, can be a real thing. I'm not sure 67 will drive up to cost too crazy, but unlimited age would certainly do that. Let's be honest, 67 won't be enough for this crowd. If 67 passes, they'll immediately start pushing for unlimited age.
i agree completely with you. It may make the contract more expensive, but so do lots of things that are affected by external factors.
I’ve said before, I don’t think 67 would be too crazy of an increase to LTD costs, if it goes to 70 or more, no way we keep our LTD in any capacity similar to today.
but I think the idea we would have to give up anything we already have to keep LTD if the age goes to 67 is a little pessimistic at best.