Quote:
Originally Posted by Resolute 14
Once again, iggy_oi, we have numerous examples of defined benefit pension plans not fixing themselves. You are asking Canada Post to simply hope they somehow become one of the relatively few exceptions rather than take the same action most companies have to prevent history from repeating itself.
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I'm not saying they need to go with status quo, they can make adjustments, whether that be increased employee contributions or an agreement to not implement this new plan unless the current pension does not continue generating X amount in surplus. Also their current solution potentially puts them in an even worse spot.