The AMPP payout for the 2017 Performance Period is 5.5% and will be paid on February 15. The last update on the Company AMPP website showed a cumulative payout of 3.2%.
Thanks to all the members who brought forward input that was ultimately used to make positive adjustments. I also want to thank our AMPP committee members (Richard Jackson, Ed Lutgen, Dan Swank and Connie Kelliher) for engaging the membership, presenting the issues, and making the case, that was heard by the Company side of the AMPP Committee, resulting in the payout you see today.
We are proud of the work our members accomplish every day and feel strongly that you always deserve the maximum payout.
This year’s results are a good springboard for us to work creatively as a membership on ways to reach the maximum payout in the future.
Again, you will receive 5.5 percent on February 15th.