Who is eligible for profit sharing?

[TonyV]

Hello, I would like to bring your attention on a new post published on the
UAWLAP.org Site.
Details of the post follow.

In Solidarity,
Steven M. Stone

Who is eligible for Profit Sharing?


If you were hired on or before December 31 of the Plan year, you may be eligible
for Profit Sharing.

Eligibility



You’re eligible for Profit Sharing if you:

• Were hired on or before December 31 of the Plan year (the Plan year is the
same as a calendar year)

• Are a full-time hourly employee of Ford Motor Company at one of the U.S.
Operations included in the Plan and

• Are employed in a Unit to which this Plan is applicable.

Your eligibility is not affected if, during the Plan year:

• You are on layoff or approved leave

• You retire or

• Your employment terminates because the Company sells the operation where you
work.

Beneficiaries of eligible employees who die during the Plan year also are
eligible for Profit Sharing.

You are not eligible if:

• Your employment terminated during the Plan year (without being reinstated)
for reasons other than retirement, death or sale of an operation

• You work on a temporary part–time basis or

• You are employed at certain subsidiaries, including Ford Land (if this is
the case, other profit sharing plans may apply)

If you’re eligible for Profit Sharing, your individual Profit Share is based
on your eligible pay.

Link to the post:
uawlap.org/building-chairpersons-report/who-is-eligible-for-profit-sharing.php

Link to UAWLAP.org: uawlap.org