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.
Every IAM member was mailed to their home address of record an official Notice of Nominations and Elections for IAM International President, General Secretary-Treasurer, and 7 General Vice Presidents in December. District 751 is also publishing the official notice of nominations, elections and absentee ballot request for each local on our website. The links below are to the appropriate notice and absentee ballot request form. • Local 751A, C, E & F nomination and election notice, as well as the absentee ballot form.