Originally Posted by
iahflyr
Inflation is ~14% since the contract became amendable in Jan 2020. This covers the first 5% of that inflation. That’s what they mean by down payment. Nothing nefarious. And we get it early while negotiating the rest of the contract. Big win for us.
Bingo. This perspective is exactly why the opposite narrative needs to be said repeatedly. And if that’s their angle, it is indeed very nefarious. So if the company had not graciously granted you this early 5%, and you had signed a deal before they were required to give you the 5%, then you would just have whatever you agreed to in the new TA, inflation+ hopefully. Let’s call whatever amount this is “X” since everyone has a different number. Then they would have to give you the 5% from the LOA when the agreed terms were met. So X + 5%. But now since they generously gave you this 5% early as a down payment on inflation, then your contract can be X - 5%, since they already gave you a down payment on the inflation…right?
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