Dharma,

In a perfect world that would be correct - if and only if the management compensation came off of the bottom line vice employee PS. Since neither qualifier exists I will have to disagree with your premise.

Do you remember that DAL management, in secret until they were exposed, set up BK proof pensions for management at the exact time they were planning the demise of the other employee groups pensions.

I would rather not rely on BOD or management "goodwill," ethics or morals as a mechanism for governing our PWA - a quick review of history reveals it would be imprudent to say the least.

If they were serious about this whole issue it would have to strictly defined with a % of profit sharing ceiling. But we already negotiated and agreed to a PS system - one that can not be easily manipulated, try our best to keep it.

Finally I think we are debating a moot point - I don't see this clause surviving and have heard from Reps that think it is a throwaway clause.

Scoop