Originally Posted by index (Post 1900758)

That's part of the deception. It's semantics. The NC stated that the changes won't take place until the 2017 payout, which occurs in February. That payout is on wages earned for the calendar year beginning January 1, 2016.

What also doesn't take place until Jan 1, 2017 is the 1% DC increase. The sick leave changes not only take effect immediately but are also retroactive.

Originally Posted by index (Post 1900778)

That's the way I understand it as well.

Originally Posted by Hawaii50 (Post 1900773)

I read as no change to 2016 payout (Feb 2016) and based on 8% higher rates for last few months of 2015. Then reduced rate for 2017 payout (Feb 2017) but based on 14% higher rate than now throughout 2016. Is that wrong?

Originally Posted by Denny Crane (Post 1900785)

The change in profit sharing levels begins with every dime you make starting 1/1/2016. In other words, on 1/1/2016 the threshold for 10% is $1 to $6 billion and the 20% starts at over $6 billion. Our current year (2015) would be the last year for 20% starting a $2.5 billion.

Denny

Oops, just re read your post and yes I think you are right. Disregard the above.

Originally Posted by Denny Crane (Post 1900774)

I don't know. Have emailed both and only got one short, cryptic message back. I know they are both really busy. Not sure what it means but they both know where I stand. I said my input was they should vote NO early and often!:D

Denny

Originally Posted by Denny Crane (Post 1900785)

The change in profit sharing levels begins with every dime you make starting 1/1/2016. In other words, on 1/1/2016 the threshold for 10% is $1 to $6 billion and the 20% starts at over $6 billion. Our current year (2015) would be the last year for 20% starting a $2.5 billion.

Denny

Oops, just re read your post and yes I think you are right. Disregard the above.

Originally Posted by Burn Notice (Post 1900795)

Question for those with better understanding of the process, but since the MEC vote is in open session will we know how each MEC member voted? Apologies if answered already or just plain ignorant on my part. Thx.

Ps-taking off on 26L today didn't see any flames or pitchforks at the Renaissance......yet:D

Originally Posted by Burn Notice (Post 1900795)

Question for those with better understanding of the process, but since the MEC vote is in open session will we know how each MEC member voted? Apologies if answered already or just plain ignorant on my part. Thx.

Ps-taking off on 26L today didn't see any flames or pitchforks at the Renaissance......yet:D