Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The thread "What's a pension worth?" got me thinking. The present value of a pension depends a lot upon whether or not it has a cap (among other things, of course) I am curious.
If you have a pension with a COLA, is there a cap on the COLA?
Or, perhaps, a flat rate COLA adjustment of x% a year regardless of what the inflation rate is?
If you have a pension with a COLA, is there a cap on the COLA?
Or, perhaps, a flat rate COLA adjustment of x% a year regardless of what the inflation rate is?