December 2, 2011
We are pleased to report that as of December 2, 2011, the Proposal is supported by over 96% of the 1993 PWU group, 71.3% of the 1996 PWU group and 76.4% of the 1999 PWU group.
The Member Committee is very pleased with the responses and member attention given to this important project. While we are satisfied that we have reached the two-third threshold in each of the three PWU groups, there are many steps ahead over the coming months that must be met before any distribution of surplus under this Proposal can be made. We will update you on this website as major developments lead up to an anticipated distribution in mid-late 2012. Congratulations, thus far, to all those who helped secure member support for the proposal and in particular the Committee members who have volunteered many hours speaking to others and working toward this common end.