Originally Posted by
sailingfun
That was not the scenario we were discussing. A pilot posted that he thought a pilot retiring after 31DEC19 would not receive any profit sharing at all for 2019. That is off course not the case however if it were true you would see a lot of pilots leave on 31 Dec.
Oh, so if something that was not true was true then XYZ. Then yes of course you would see a spike of end of the year retirees for some amount of first quarter/half retirees for the next year. However even that spike would hardly be a "run on the bank" as it would only remove a 14%-ish incentive and not getting that would only be a proportional offset to the 100% income that 14% was based on.
Regardless though, its good to clarify that retirees will always get whatever profit sharing they would have gotten (prorated to when they retired) because not knowing that could drive some incorrect decision making.