A big thank you to everyone who wrote in opposition to President & CEO Bill Johnson’s proposal, and for the many suggestions for improvement. You made a difference. Many of our ideas were used to improve a counter offer which was passed 4-3 on March 3, 2016. Though improved, I voted against this counter offer, and I remain firmly opposed to it. These are some of my reasons: It reduces benefits by approximately $700 million, almost as much as the original proposal. It reduces vested COLA and supplemental benefits which members have earned the right to receive through their service as TVA employees. It fails to bring the minimum TVA required contribution formula into line with best practices for government plans as recommended by our actuary. It gives power to the TVARS Board to remove a board director for violation of policies created by the TVARS Board. I first saw this counter offer the morning of the vote, though most of the items were previousl...