Hi Carol,
The new contract base rate for retirees will be raised each year for the next 3 years. Look at it this way. You say $400 is what she is getting. So that was 50% of $800 that she used to get with her Husband. Now the new contract will raise his pay to lets say $1100. (I am sorry but i am not sure exactly what the raise actually is. I am trying to remember but I am trying to get as close as possible)
Now 50% is $550 plus 5% more , looks like closer to $575 now. That will mean a raise of $175 instead of $20. I am sorry I don't have the actual raise figures.
I am just trying to show how the base rate will increase.
Gerry
