5% interest calculation on retro.?
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Re: 5% interest calculation on retro.?
Didn't mean anything by it ducked, just preying one day we will find ourselves healthy again. Maybe I was just looking to talk to somebody last night, I was depressed and lonely.
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Re: 5% interest calculation on retro.?
Last edited by ducked on Sat 27 Apr 2013, 08:54; edited 1 time in total
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Re: 5% interest calculation on retro.?
So sad, brothers and sisters. After a few drinks and reading past posts, I have come to realize we are all very sick individuals. I prey for all of us every night and day. Godspeed
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Re: 5% interest calculation on retro.?
It's a good thing we have not been holding our breath! Now I understand the dispare the average Leaf fan feels.
DeeCee- CSAT Member
- Number of posts : 77
Location : Ottawa
Registration date : 2012-11-07
Re: 5% interest calculation on retro.?
God, time just flew by, you'd think we already have our cheques by now!
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Re: 5% interest calculation on retro.?
Yes, Maggie, The post judgement interest started in May 1st, 2012, so right no we are on day 360.
bigrex- CSAT Member
- Number of posts : 4064
Location : Halifax, Nova Scotia
Registration date : 2008-09-18
Re: 5% interest calculation on retro.?
This might be nit picky, but for any one looking for exact numbers...
amount of retro x 5% x (number of days owed/365)
What date does the 5% kick in.. is it May 2012 until MC receives the money from SISIP?
amount of retro x 5% x (number of days owed/365)
What date does the 5% kick in.. is it May 2012 until MC receives the money from SISIP?
MaggieinNB- CSAT Member
- Number of posts : 145
Location : Fredericton, NB
Registration date : 2012-09-27
Re: 5% interest calculation on retro.?
Oiler, normally anytime you are owed a yearly interest rate it is pro-rated to the month of issue, therefore, if SISIP pays an extra 4 months it should be slightly less than 1/2 % per month??? Simply take the annual rate and divide by 12 to get approx monthly interest rate.
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5% interest calculation on retro.?
How is this going to be calculated in reference to our retro . Will it be monthly yearly etc .. Only on money received before May . So example a 10000 refund will what will it be 5% and another 5% for years 2012 /2013... Or monthly.....Looking for help on this thanks .. Has there been anything on his yet ...
Chimo
Derek
Chimo
Derek
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