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COLA Calculation
Attention all rocket surgeons: Can anyone calculate what % raise date of signing would need to be achieved just to account for a 3% yearly cost of living increase from our August 2015 amendable date to November 1, 2017? I'm not good at math.
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From Aug 1 2015 to Dec 1 2017 at 3% per year, would be roughly 7.15%.
Minus (mid 20%?) cost reduction due to QOL concessions and PBS. Proposed 40% raise is closer to 10%... Good faith you say? |
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