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Old 10-24-2011, 08:50 PM   #1
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Thumbs down 3.6% cola

Effective as of 1 Dec and paid in the Jan Check. I wonder!!!
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Old 10-24-2011, 08:54 PM   #2
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Malcolm Berko writes an investment column that is in our local paper. He says the REAL cost of living went up 12%, but the gov't no longer uses food and energy (fuel) in their calculations. That keeps it from looking so bad and getting an accurate raise in the COLA
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Old 10-25-2011, 05:21 PM   #3
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If you make $250k per year like most of the big men in Washington, thats a $9K per year raise.

Puts 3.6% a little more in perspective, don't it
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Old 10-25-2011, 06:20 PM   #4
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If you make $250k per year like most of the big men in Washington, thats a $9K per year raise.

Puts 3.6% a little more in perspective, don't it

But if you are like most of us in this part of the Forum, you'll be lucky to get $100.00 a month. So that changes the perspective a bit, doesn't it?
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Old 10-25-2011, 06:26 PM   #5
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All I know is the deposit in MY account today (First of the state's fiscal year) was larger than expected.
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Old 10-25-2011, 06:30 PM   #6
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Better then losing 3.6. . .
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Old 10-25-2011, 08:02 PM   #7
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I guess ''Uncle'' figures we dont eat and we dont need to drive anything.
Good thing I invested in gold bullion a long time ago .......

God keep our troops safe please....
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Old 10-26-2011, 04:13 AM   #8
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Better then losing 3.6. . .
Better then last years..

I'm taking mine..
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Old 10-26-2011, 04:23 AM   #9
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Better then last years..

I'm taking mine..
It's a few hundred gallons of fuel
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Old 10-26-2011, 04:40 AM   #10
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We get a raise an the next thing you we will be paying more for medicare. so if this happens how much of a raise will we actually get!
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Old 10-26-2011, 04:53 AM   #11
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Better then last years..

I'm taking mine..
X2
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Old 10-26-2011, 08:30 PM   #12
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We get a raise an the next thing you we will be paying more for medicare. so if this happens how much of a raise will we actually get!
The Medicare premium increase is in fact higher than the COLA. So that $38 average raise comes out to a bit less than $20.
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Old 10-27-2011, 10:49 AM   #13
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The Medicare premium increase is in fact higher than the COLA. So that $38 average raise comes out to a bit less than $20.
That would depend on when you started on Medicare. My premium is $96 and change. Those who just started this year pay $116, from what I understand. They would see more of a raise than the old timers.
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Old 10-27-2011, 01:05 PM   #14
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Updated to add:

Just reading on another Veterans forum I follow that according to CNN, Medicare premiums was just announced to be $99.90 for 2012. That would be a $3.50 increase for most, and several dollar reduction for the few new ones.
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