Brothers, The Carrier has announced the 2018 ICP award this morning and it came in at 105% of 150. Regarding our payment the math is 105% of 150 equals 70%. Therefore 70% of the maximum payment of 8.08% is 5.656%. Hopefully you followed that calculation as the Carrier figures the exempt ICP payout on a 150 point scale.
The long and short of this method is that Locomotive Engineer ICP will be paid 5.656 % of qualified earnings.
Vice General Chairman
BLET LC 758
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