BostonTerrier
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- May 2, 2003
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I'm curious as to AFA's recent counter-proposal to the company; specifically, I'm interested as to why the union's proposal was written as...
"Reduce pay rates at each longevity step as frozen by TBD%. Such reduction will be in lieu of the 21% (twenty-one per cent) reduction provided in the emergency interim relief granted by the Bankruptcy Court pursuant to the Company’s 1113(e) motion. "
TBD? Why TBD? Why no actual figure?
Thanks for any feedback.
BT
"Reduce pay rates at each longevity step as frozen by TBD%. Such reduction will be in lieu of the 21% (twenty-one per cent) reduction provided in the emergency interim relief granted by the Bankruptcy Court pursuant to the Company’s 1113(e) motion. "
TBD? Why TBD? Why no actual figure?
Thanks for any feedback.
BT
