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COLA increase?
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<blockquote data-quote="I GOT ONE MORE" data-source="post: 363757" data-attributes="member: 5997"><p>705red has it right. It doesn't fly with me that Mr. Hoffa will enjoy this benefit while UPSers will not.</p><p></p><p>And to add more salt to the wound........the way I understand how the COLA is calculated, we likely won't see any adjustment next year. In short, this years CPI is compared with last years CPI to obtain the numbers for the formula to calculate a potential increase.</p><p></p><p>Well, things would have to go a hell of alot higher next year to justify a COLA increase comparing next years index with the high one we have this year.</p><p></p><p>This one is gone for good.</p><p></p><p>I hope that $12,500 spends well, Mr. Hoffa</p></blockquote><p></p>
[QUOTE="I GOT ONE MORE, post: 363757, member: 5997"] 705red has it right. It doesn't fly with me that Mr. Hoffa will enjoy this benefit while UPSers will not. And to add more salt to the wound........the way I understand how the COLA is calculated, we likely won't see any adjustment next year. In short, this years CPI is compared with last years CPI to obtain the numbers for the formula to calculate a potential increase. Well, things would have to go a hell of alot higher next year to justify a COLA increase comparing next years index with the high one we have this year. This one is gone for good. I hope that $12,500 spends well, Mr. Hoffa [/QUOTE]
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