Originally Posted by
Stranger
Where does the 46% comes from though? 1.26 times 1.04 times 1.04 times 1.04 equals 1.41733. So more like 41.7%?
41.7% is the monetary portion.
The rest is made up of non monetary increase in benefits.
ie: the increase in health benefits, increase in premiums, the "improved" meal situation, etc.