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Politics : Politics for Pros- moderated

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To: Lane3 who wrote (95602)1/17/2005 10:21:17 AM
From: LindyBill  Read Replies (3) of 793916
 

Under the proposal, the first-year benefits for retirees would be calculated using inflation rates rather than the rise in wages over a worker's lifetime. Because wages tend to rise considerably faster than inflation, the new formula would stunt the growth of benefit


If you read the second sentence, it is doing what I said. The first year benefits will not really be affected much, it is the years after that. I will "stunt the growth."
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