Originally Posted by
Hawaii50
I read as no change to 2016 payout (Feb 2016) and based on 8% higher rates for last few months of 2015. Then reduced rate for 2017 payout (Feb 2017) but based on 14% higher rate than now throughout 2016. Is that wrong?
That's how I understand it. Index is correct that the extra 1% would go into effect on 1/1/17