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Unread 06-28-2011, 08:49 AM   #10
Z06 Rocket
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No raises for the last 3 or 4 years, and now a FRS cut of 3%. We can say conservatively that if FRS employees got a 2% COLA the last 4 years (2% X 4yrs = 8%) plus the 3% contribution to retirement being removed from the checks.... That is a 11% pay cut from where the stae blue collar employees should be right now.
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