NEW COLA rates
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Re: NEW COLA rates
You would think that would be the case, but i have learned nothing surprises me when it comes to government.
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Re: NEW COLA rates
Don't understand the drop, say like in the examples above for
2003, it drops from 2.0 to 1.75,
2005, it drops from 2.0 to 1.50, and
2011, it drops from 2.0 to 1.5.
Should they not round up not down?
2003, it drops from 2.0 to 1.75,
2005, it drops from 2.0 to 1.50, and
2011, it drops from 2.0 to 1.5.
Should they not round up not down?
puddleduk2- CSAT Member
- Number of posts : 340
Location : Ontario
Registration date : 2012-10-15
NEW COLA rates
Here are the new COLA rates used to calculate your refund cheque
All years prior to 95 (69-94) are the same value --- 2.00
Year - old rate - New rate
1995 --- 2.00 --- 0.75
1996 --- 2.00 --- 1.75
1997 --- 1.50 --- 1.75
1998 --- 1.75 --- 2.00
1999 --- 0.75 --- 1.00
2000 --- 2.00 --- 1.50
2001 --- 2.00 --- 2.00
2002 --- 1.90 --- 2.00
2003 --- 2.00 --- 1.75
2004 --- 1.60 --- 2.00
2005 --- 2.00 --- 1.75
2006 --- 2.00 --- 2.00
2007 --- 0.90 --- 2.00
2008 --- 2.00 --- 2.00
2009 --- 2.00 --- 2.00
2010 --- 0.25 --- 0.75
2011 --- 2.00 --- 1.50
2012 --- 2.00 --- 2.00
2013 --- 2.00 --- 2.00
2014 --- 1.00 --- 1.00
All years prior to 95 (69-94) are the same value --- 2.00
Year - old rate - New rate
1995 --- 2.00 --- 0.75
1996 --- 2.00 --- 1.75
1997 --- 1.50 --- 1.75
1998 --- 1.75 --- 2.00
1999 --- 0.75 --- 1.00
2000 --- 2.00 --- 1.50
2001 --- 2.00 --- 2.00
2002 --- 1.90 --- 2.00
2003 --- 2.00 --- 1.75
2004 --- 1.60 --- 2.00
2005 --- 2.00 --- 1.75
2006 --- 2.00 --- 2.00
2007 --- 0.90 --- 2.00
2008 --- 2.00 --- 2.00
2009 --- 2.00 --- 2.00
2010 --- 0.25 --- 0.75
2011 --- 2.00 --- 1.50
2012 --- 2.00 --- 2.00
2013 --- 2.00 --- 2.00
2014 --- 1.00 --- 1.00
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