Originally Posted by
krudawg
Hmm, ALPA sure would have egg on their face if only that were true.
Not sure what you mean.
Are you saying this wasn't clear?
As a result, if you elect 100% of your profit sharing payment to go into the PRAP, you will actually get 100% of your profit sharing payment into the PRAP. But you will still owe the FICA taxes on that contribution so, instead of being held out of the profit sharing payment as in the past, those taxes will come out of your regular pay. In other words, if you elect 100% of your profit sharing payment to go to the PRAP this year, your regular March 1 take-home pay will be reduced.