ok so I still don't understand at all how this is figured I know we didn't get one last year because the index went down, however it went up this year
May 2009 figure = 208.774
May 2010 figure = 214.124
"For every 0.2 point increase in the Index, over and above the base (prior year's) Index plus 3.0% there will be a 1 cent increase."
So does this mean that the increase has to raise ABOVE 3% before the raises even start to figure in? That pretty much means we get nothing.
The index didn't even go up 3% this year so does that mean we get nothing again? Anyone know IF/what we get or how the hell to figure this up its confusing
May 2009 figure = 208.774
May 2010 figure = 214.124
"For every 0.2 point increase in the Index, over and above the base (prior year's) Index plus 3.0% there will be a 1 cent increase."
So does this mean that the increase has to raise ABOVE 3% before the raises even start to figure in? That pretty much means we get nothing.
The index didn't even go up 3% this year so does that mean we get nothing again? Anyone know IF/what we get or how the hell to figure this up its confusing