Originally Posted by
shiznit
I think he means no A-plan going forward.
I think you mean that the "other payouts" plus the B plan will equal out to the A plan in the end.
I think you were debating different points.
I know what he MEANT. But I am so tired of the whining and words matter. tsquare has a very good retirement. Frankly, its better than what he had, in my opinion.
BTW, it may or may not equal what was PROMISED under the A Plan, and I am not implying that either way; but he traded a big promise from an A Plan for a smaller promise from the PBGC plus cash deposited in his name in his own account twice/month.
Originally Posted by
shiznit
At what point (xx years until retirement) does the 13-14% B plan only exceed what the A plan would have netted? As a rough estimate only, investment choices vary from person to person...
Too many variables to even wager a guess. Investment return, payrates now and in the future, seat progression, inflation, bidding preferences, age at retirement, longevity after retirement, etc. etc. etc. It's pointless to compare apples to oranges. Each plan has its benefits. Most of us have a little of each now, with the new hires having a pure DC.