Post date: Jan 22, 2018 3:19:37 AM
Here is a link to the overview of the 2017 ICP Payout Information
The Math should work out as follows if paid out at 100%.
The plan will pay 100.00% of the 4% of qualifying engineer earnings during 2017. To figure this payout, multipy 4% (100.00% times 4%) by the qualified earnings Santa Fe road and local engineers earned during 2017.
The second plan is the BNSF System BLET Scheduled ICP Plan. This plan is applicable to all classes of engineers. The plan will pay 100.00% of the 8.08% of qualifying engineer earnings during 2017. To figure this payout, mutiply 8.08% (100.00% times 8.08%) by the qualified earnings BNSF engineers earned during 2017.