Originally Posted by
sailingfun
The math is easy. Current rate 218.00. 16.5% now and 3% on I Jan. DC rate of 16% on 1 Jan. The original poster included those items. The comparison is us to SW so adding PS is valid since our program is better.
Delta Rate with DC on 1 Jan. 303
SWA rate with DC on 1 Jan. 278
I fully expect we will see a slightly higher rate in the final product and I expect to retain the pensionability aspect of the PS. I used the companies current table position as worst case numbers.
The math is simple when the numbers are certain. What exactly is our "certain" PS number for 2016? For 2017?
I plan on the PS number being zero and that way I am pleasantly surprised when something other than $0 shows up on Valentine's Day. Pay rates are pay rates and profit sharing is profit sharing. The two are independent methods of compensation but only one is "certain." Emphasize and strengthen the "certain." 😊