Originally Posted by
OOfff
the pilot payout calculation is in the pwa, and defines our payout as a percentage of ptix. that noncons get matched does not affect that %/ptix calculation.
again, this is not correct.
the PWA lays this out in 3.I. The PS pool is determined by looking at DL’s PTIX, for all profit under 2.5B, 10% is added to the pool, for all profit over, 20% is added. Once the PS pool size is determined, that number is divided by the total wage base for all DL employees to determine the %. or looking at it another way, you are entitled to the same % of the PS pool as your earnings were of the total earnings pool.
If the wage base goes up, the PS% goes down. FAs and ground based employees are factored into the wage base.
“ individual employee’s annual compensation in the year in which the PTIX was earned as a percentage of total annual compensation for that year for all employees eligible for (a) the Delta Air Lines, Inc. annual profit-sharing plan or (b) the Delta Air Lines, Inc. Annual profit-sharing plan for ground and flight attendant employees”
that’s right out of the PWA, it includes everyone eligible for management bonuses and FA’s and ground based employees in the wage base calculation.