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Old 02-09-2015 | 11:17 AM
  #177719  
IAV84DAL
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Joined: Jan 2013
Posts: 65
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From: NYC A320 FO
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Originally Posted by shoelu
2. Should the Southwest Airlines Board of Directors take action to terminate the Plan, this Agreement will be reopened for the limited purpose of negotiating a plan to replace the Profit Sharing Plan.
I don't see where the assertion that PS is not part of the SWAPA PWA is refuted.

5. The Company will maintain a tax-deferred "415-Excess Plan," Under the 415-Excess Plan, the Company will allow up to fifty million dollars ($50 million) in Employee contributions to be placed in a tax-deferred rabbi trust, with investment elections.
Glad we got that cleared up. Thanks.