Originally Posted by sailingfun

The companies current table position is to raise the DC funding to 16%. Sounds good however they have proposed eliminating that payment on profit sharing. With the profit sharing last year the actual rate paid by the company was just over 18%. If we keep the PS pensionable and the companies profit meets current guidance we would be looking at close to 20% on 2017 earnings. Giving up pensionability of the profit sharing would be a huge giveback.