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01-03-2008, 09:04 PM
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Bees? Not in Maine
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Join Date: Feb 2007
Location: Argyle, Maine
10,274 posts, read 4,494,533 times
Reputation: 2319
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COL raises anyone?
How many pensions just went up with a Cost-of-living raise?
I just got a 2.3% increase.
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01-04-2008, 05:33 AM
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Senior Member
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Join Date: Sep 2006
1,148 posts, read 1,012,289 times
Reputation: 400
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Hubby's corporate pension is not COL protected. Mine as Federal employee is. But it really only covers the health insurance rises or part of them.
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01-04-2008, 05:42 AM
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Counting down ...
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Join Date: Oct 2007
Location: DC Area, for now
2,972 posts, read 1,796,543 times
Reputation: 1004
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The nasty bite on the cost of living calculations (social security, fed & military pensions and whoever else uses them) is they don't count health care costs. And those keep going up and up at a much higher rate than everything else. So it really is an artificially low number.
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01-04-2008, 09:23 AM
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Senior Member
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Join Date: Oct 2006
Location: WA
2,165 posts, read 2,081,719 times
Reputation: 590
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Wow, any COL raise would be nice! I am simply having to adjust my budget after a 23% increase in insurance premiums starting this year.
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01-04-2008, 09:34 AM
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Bees? Not in Maine
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Join Date: Feb 2007
Location: Argyle, Maine
10,274 posts, read 4,494,533 times
Reputation: 2319
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Quote:
Originally Posted by Tesaje
The nasty bite on the cost of living calculations (social security, fed & military pensions and whoever else uses them) is they don't count health care costs. And those keep going up and up at a much higher rate than everything else. So it really is an artificially low number.
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Hmm, we just paid our annual re-enrollment fee for our HMO provider [Martins Point]. Our costs went down.
Our annual re-enrollment fee went from $950 each year, to $600 [and some change I do not recall the exact amount]. That covers myself, my DW and our son.
Our co-pay for each office visit is $20, our scripts cost $3 per 3-month refills.
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01-04-2008, 09:34 AM
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Senior Member
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Join Date: Oct 2006
Location: Long Island, NY
670 posts, read 677,152 times
Reputation: 189
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The COL as gauged by the government is a sham. It doesn't include the cost of houses (only rent) or gasoline. "Figures don't lie but liars figure."
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01-04-2008, 10:20 AM
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Counting down ...
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Join Date: Oct 2007
Location: DC Area, for now
2,972 posts, read 1,796,543 times
Reputation: 1004
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Quote:
Originally Posted by forest beekeeper
Hmm, we just paid our annual re-enrollment fee for our HMO provider [Martins Point]. Our costs went down.
Our annual re-enrollment fee went from $950 each year, to $600 [and some change I do not recall the exact amount]. That covers myself, my DW and our son.
Our co-pay for each office visit is $20, our scripts cost $3 per 3-month refills.
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You have an unusually good deal. Every year our portion goes up and they cover less. I haven't seen anything like those prices in 15 years.
But at least I HAVE health insurance.
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01-04-2008, 02:14 PM
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Senior Member
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Join Date: Sep 2006
1,148 posts, read 1,012,289 times
Reputation: 400
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My HMO just dropped again the Federal option. So we had to choose another health care provider. Went with BCBS although I would have preferred a good HMO.
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01-15-2008, 07:28 PM
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Senior Member
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Join Date: Jan 2006
Location: Carolina Mountains
5,315 posts, read 4,980,870 times
Reputation: 2401
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Quote:
Originally Posted by forest beekeeper
How many pensions just went up with a Cost-of-living raise?
I just got a 2.3% increase.
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Same here.
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01-15-2008, 07:36 PM
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Bees? Not in Maine
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Join Date: Feb 2007
Location: Argyle, Maine
10,274 posts, read 4,494,533 times
Reputation: 2319
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Not as good as those two terms when we got 8% every year, but still better than jabbing a fork in your ear.

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