BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
- Banned
- #16
fatherabraham,,
Should have added....
Assuming your guess about the PHL F/O reps age is accurate (and not saying that it is ), personal interest would dictate advocating major changes in the DC plan - such as accepting the company proposal to go to a partial match 401K - in exchange for a lower pay cut. That would keep his pay as high as possible and have little or no effect on his retirement (assuming that this place lasts long enough for him to retire).
Since that has not been his position, I can only assume that he is trying to represent the PHL F/O's of all ages as he thinks best. Absent evidence (and not innuendo) to the contrary, I'll continue to believe that.
There are some on the MEC that would see their retirement account increase by agreeing to the partial-match 401K, and one in particular who has been very vocal in calling for a vote on the proposal containing that. Strange how some don't see a conflict of interest there.
Jim
Should have added....
Assuming your guess about the PHL F/O reps age is accurate (and not saying that it is ), personal interest would dictate advocating major changes in the DC plan - such as accepting the company proposal to go to a partial match 401K - in exchange for a lower pay cut. That would keep his pay as high as possible and have little or no effect on his retirement (assuming that this place lasts long enough for him to retire).
Since that has not been his position, I can only assume that he is trying to represent the PHL F/O's of all ages as he thinks best. Absent evidence (and not innuendo) to the contrary, I'll continue to believe that.
There are some on the MEC that would see their retirement account increase by agreeing to the partial-match 401K, and one in particular who has been very vocal in calling for a vote on the proposal containing that. Strange how some don't see a conflict of interest there.
Jim