Boggles the mind how someone who has access to the same information can get it so completely wrong.

TonyC
Good explanation on how it's a massive Group pie...not a pie where one slice is bigger than the other leaving someone to go hungry.
(One would almost think you're in favor of the VB plan...instead of simply in favor of providing accurate information.)

One misconception though, is the percentage of payroll that would be used to fund the VB plan. All that I can recall seeing PM say is that we have a percentage in mind and we think it's very workable and manageable for the company.

Bottom line is the VB plan is an exercise in Cash flow funding. At the very beginning of the plan, actual distributions will be very low in comparison to the funding coming in.
Main difference is that the $$ would actually flow in each and every year.