Posted by Ivor Horton on 18 January 2001 at 20:02:58:
In Reply to: Re: N Plan Plus C Plan better combination???? posted by N.E.One on 17 January 2001 at 18:25:15:
While these analyses are interesting, the fundamental inequity with the C-Plan capping is that it is quite conceivable for two employees on the same final salary but different lengths of service to have made different total(employee+IBM) contributions to the C and N plans but end up with the same pension. To put it another way, when your C-plan pension is capped, several years of contributions into the plan(s) produce no return.