Originally Posted by
Schwanker
I'm talking of 2016 profits paid in Feb 2017.
Our PWA states 20% of PTIX above 2.5B will be paid in Profit Sharing. The new non con formula states 20% above previous years PTIX. That means the company will pay approx 650M less to the non cons next year than the PWA prescribes. Who gets the additional 650Mish that's not paid to the non cons but is in our PWAs Profit Sharing pool. I say we should.
DL changed the PS model for non contract. DL will run 2 profit sharing models if they have to. I'd guess we have zero chance of getting the non cons lost PS. As to the recent posts re: options. I like the Pro Shar set up like it is. I can 401K it, or take cash. I can go buy options/stock if I want to. JMO, OFG