Alaska Airlines' TA just came out. There are three retirement options:

1. Current A/B Plan: 1.9% multiplier pension and 3% into the 401(k)
2. Rebalanced Plan: 1.0 multiplier and an increasing contribution to the 401(k) starting at 8% going up 1% each 5 years to 11%.
3. Voluntary Soft Freeze: same 1.9% multiplier to final average compensation at time of retirement but years in service frozen as of 12/31/2009 (3 years, 2 months for me) and 13.5% into 401(k)

I've been with the company since 10/2/2006 and if I retire at 65 will have 29 years in service.

I'd love to see some thoughts on this.

Thanks!