Originally Posted by
Mooner
We were compensated (increase) for 2019 on Jan 1 2019. In fact, we beat inflation that year with our increase. At the amendable date, we stopped getting raises and inflation continued on. We were 100% exposed to inflation at that point until the present day. To be made whole with inflation we need 14.6% total compounded over 2020,21,22.
Your argument that inflation trails is juvenile and irrelevant. We received a raise for 2019, not for 2018. Inflation happened during 2019. Our performance relative to inflation is easy to calculate for that year. Try it.
I use this:
https://www.usinflationcalculator.com/
it says 15.1% cumulative inflation for 2020 until now.