Originally Posted by
bugman61
Technically what OOfff said was correct:
Our PS is unaffected by other work group PS. The variables for the calculation are PTIX and eligible wages for employees of all profit sharing plans. PTIX specifically excludes profit sharing expenses, and eligible wages specifically exclude profit sharing payments. So if theoretically the company terminated the FA/ground PS plan for last year, there would not be an increase in PTIX, and the eligible wages would be the same. Our payout under the PS plan would be unchanged at ~5%.
Ok we are in agreement then. This was a much better explanation than my weak attempt.