You never want the action to be in hard contact with the pillars, anyway. Regardless of the compound used, avoid having a 'skim' of bedding over pillar tops. Ditto for any sort of bedding block.
.050 is my normal and I'll go thicker. If anything, it's actually a bit better for stability and longevity. There's a second part to 'over bedding' pillars that most don't consider when just putting compound over the pillar tops. Whenever possible, I reduce the pillar top O.D. and extend that reduced O.D. down .250 or so. The compound flows into the space around the pillar top and locks on to the pillar. This gives the compound
above the pillar more stability. On a normal .625 dia. pillar, the top diameter is .500. On a .750 pillar, the top diameter is .625.
The bedding compound used matters more than a little.

Despite what mfgs. technical sheets say,
all two part epoxies exhibit shrinkage. If you dig a bit deeper into how the mfgs calculate their shrinkage numbers, you can see why the shrinkage number alone may or may not have much meaning when it comes to bedding rifles.
Good shootin' -Al