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COLA raise
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<blockquote data-quote="UnconTROLLed" data-source="post: 507032" data-attributes="member: 18708"><p>FOR EX: (rounding off numbers and I hope I'm right here, correct me if I'm wrong explaining this please!)</p><p></p><p>May 2005 : 190. CPI</p><p>May 2006: 198 CPI</p><p></p><p>190 x 3% is roughly 5 points = 195</p><p></p><p>So the difference between 198 and 195 is 3 points. </p><p></p><p>1 point = 5 cents (.2 = 1 cent) </p><p></p><p>Aug 2006 cola raise = 15 cents</p></blockquote><p></p>
[QUOTE="UnconTROLLed, post: 507032, member: 18708"] FOR EX: (rounding off numbers and I hope I'm right here, correct me if I'm wrong explaining this please!) May 2005 : 190. CPI May 2006: 198 CPI 190 x 3% is roughly 5 points = 195 So the difference between 198 and 195 is 3 points. 1 point = 5 cents (.2 = 1 cent) Aug 2006 cola raise = 15 cents [/QUOTE]
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