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Old 05-05-2018, 05:06 AM
  #10  
FoxHunter
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Joined APC: Aug 2005
Position: Retired
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Originally Posted by FamilyATM View Post
$1.00 in 2008 had the same buying power as $1.17 in 2018. So, it appears to me my A plan has lost 17% of it’s value.
Prior to buying Tigers the FedEx Pension Plan paid 1.5% per year of service and it had a COLA. The percentage was changed to 2% and the COLA was removed. There was no cap on pension earnings until the first contract in 1998. The $260,000 set in 98 has never been adjusted. Jan. 1, 1998 $260,000 equals $169,510.26 on Jan 1, 2018
https://www.bls.gov/data/inflation_calculator.htm
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