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Vote no, and good luck. Union leadership and politicians have known all along that defined benefit retirement plans were and continue to be a ponzi scheme. There are too many people collecting for too long and fewer workers paying into the system to support it. Exactly like social security. Which must be changed to save our country. Were all getting the shaft. Not just you. Again. good luck and like those of us looking forward to SS, get ready to work until your 70. Had the appropriate changes been made along the way this sudden as draconian reset could have been smoothed out and the burden could have also been shared by those that retired earlier.

From: Sacrificial lambs of pension agreement

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