Yep, they have all rights under “modify contents” for the entire repository.

There is a version tracking option you might also check.

In the admin console under repository options, select settings and then right click for properties and then under the documents tab is an option to disable version tracking for users:

This option was unchecked.  I assume that is what I want,correct?

I checked on all of the boxes under the access right and within rights on the admin console.  The user still did not have the option to "save as new version of document"

Maybe my assumption this was a permissions based problems was incorrect.   Any other ideas out there????

To test, I put the user in my "Repository Admin" group, which has all rights checked in the rights tab.  And sure enough, they were able to save the PDF as a new version. 

But when I removed them from that group and just gave the individual user all the rights in the rights tab, they no longer had the option to save as a new version.

I don't get it....any help out there!