The TVARS Board has the legal authority to initiate changes in the employee 401(k) match and pension benefits. Per decades old labor agreements, the TVARS Board is structured to give equal representation to labor and management. Of the seven member board of directors, three are employee-elected, three are management-appointed, and the seventh is selected by those six. Per these labor agreements, labor and management do not directly bargain for retirement benefits as long as this structure holds. If the structure is violated, labor has the right to directly negotiate for retirement benefits. TVA is implementing a plan which violates the structure of the TVARS Board with the support of the TVA Retiree Association (TVAR A ), current seventh TVARS Board Director Allen Stokes, and the three management-appointed TVARS Board directors. The TVAR A is an influential retiree organization supported by management which has no legal authority over the 401(k) match or pension benefits. This p...