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Reply #80: Another false claim. [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-24-11 01:54 PM
Response to Reply #68
80. Another false claim.
CPI-W reflected in checks is 215.495 (Q3 from 2008)

CPI-W as of December 2010 is 215.262.

If the average CPI-W for Q3 2011 is HIGHER than 215.495 then there will be an increase.
If not then there won't be.

IF there is an increase the amount of the increase is the difference.

Say CPI-W for Q3 2011 is 217.00 what would the COLA increase this year be?
217.00 / 215.495 = 0.7% gain. COLA would be 0.7% increase.

Say CPI-W for Q3 2011 is 220.00 what would the COLA increase this year be?
220.00 / 215.495 = 4.3% gain. COLA would be 4.3% increase.
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