Originally Posted by
Hacker15e
I'm a new guy, but was I misunderstanding what Chuck said in one of the Hub meetings when he stated it was a 4:1 ratio due to the newly-mandated funding guarantees?
What I got out of the info was that certain members of the MEC had been read-in to the company books on the A-plan, and although they were not able to divulge the actual numbers due to the NDA, the 4:1 number was accurate. That for every dollar increase in the cap, it would cost the company 4 to fund it.
If that is the case, then this should be pretty simple math.
What am I missing?
What is the ratio that the company uses to fund our current A-plan?
Is it 1:2, 2:1, 3:1, or 4:1?
If you don't know that ratio, how can you say it is unreasonable to increase the cap.
Without context, a statement such as "it costs the company 4 dollars for every dollar increase to raise the A-Plan cap" is a statement meant to steer you to the speakers side.