Posted on 12/11/2013 4:26:26 PM PST by robowombat
So if the COLA is 0%, as was the case for a couple years recently, can I assume we’d see a -1% adjustment to our retainer pay?
What is a COLA deduction?
Ranting such as you do does no good. This particular element in a bad budget bill really stinks. However, incoherent ranting such as you engage in is both useless and pretty stupid.
“...Federal pension COLA calculations have already been using the minus1% deflator for about twenty years....”
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As I understand it, it’s only for certain pensions (FERS??) and only in certain years.
Yeah, it’s odd isn’t it? The intelligence quotient on FR is quite questionable when it comes to these kinds of topics.
The tone is about the same as telling a teenage girl who’s a fan of some boy band that they suck.
Thanks, I have to dig into this, hut up a recent copy of Fed Almanac which should have a description of the COLA setting process.
No matter the amount of incoherent and garbage verbiage you spew, you can't change the facts, or the math.
But to answer your one question to me:
“What is a COLA deduction?”
There is none.
Yet.
But since I am one of those of the minority who does actually pay Federal income taxes, as opposed to those like you, who appear to merely subsist on them, I do think if you get a COLA increase, I should receive an equal amount of tax decrease.
If the “cost of living” has increased for you, on your taxpayer funded fixed income, where do you think the money comes for your raise?
Do you really think the taxes on my working pay and raises, if I even get one, is enough to pay for both MY OWN cost of living increases, and also yours?
I'm to be forced to swim ever harder upstream everyday, so you can keep comfortably floating downstream?
No thanks!
You are a fool.
Eventually, all people like you, always out themselves for what they actually are.
Patience is a virtue....
This is five minutes of my life I won’t get back, and you probably aren’t worth it.
What I have is limited patience with self righteous blame mongers.
The choices you have made have taken you to where you are. The responsibility for your problems is yours. You can either accept that or spend the rest of what time you have blame mongering and scapegoating. Psychological transference and self pity seasoned with sanctimony and self righteousness are two of the cheapest and most addictive and finally most destructive narcotics that exist. You can either cultivate your garden of grievances against who or whatever you wish to blame for your problems or failures in life or move on and accept what is. But as Irvin Cobb observed ‘a capacity for self pity is one of the last things a woman surrenders.
A “cut” to a “never guaranteed automatic percentage increase” in addition to the agreed amount, is not a retirement cut.
Your retirement pay has not been cut.
Future automatic COLA raises to your retirement pay has been cut by 1%.
Government math in play to rile everyone up, and set people against each other.
But thanks for playing, and outing yourself fully.
I never said I had any complaint, if you ever bothered to actually read what i posted. Those with a gripe are career enlisted military. You are the one with the endless bile spewing. Anyway i am done with you sou r and dissatisfied woman.
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