Originally Posted by
SmitteyB
It’s actually more.
Our pre-CBA contribution was 3%. So it actually increased by 12%.
Edit: That is probably not fair. Since we no longer have to contribute to get the match, we are keeping 5%. Then add in the 2% (3% in 2021).
Not sure what you're trying to say in the edit, but:
It was a de facto increase of 2%.
De minimis.
3+5+5. Anyone not contributing 5% to get the match was leaving money on the table. So, the company's contribution went from 13 to 15. Definitely an improvement, but not one to boost contrails' argument that we are now swimming in cash.