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The proposed plan was not the IHOP plan, it was designed to be a DC plan with some benefits (protection) of a DB plan for the 11%. I totally see how some want it all in DC so they can invest in whatever funds or schemes that they want and I am sure the polling will dictate if a significant change to retirement is needed to meet the goals and ratify. If swapping to a DC only plan is what people want, I can't see much resistance or barriers, should be relatiovely easy to match the big 3 and move the MBCBP to a spillover plan.Originally Posted by bitwiser
Nope. PM wants pancakes, most of us don't. In general the younger crowd wants a much larger B fund contribution with cash over cap. PM didn't want to hear it, though.