N001499
Thursday, January 10, 2002 11:59 AM
Single Person
My daughter was 30 years old and made 100,000 dollars in the year
2000. Previous yearly earnings were lower because she had not acquired the
licenses necessary to make trades on her own. In 2000 and 2001 she had
passed several examinations and received a number of licenses. In 2001 by
the month of September she was on target to achieve 125,000 dollars in
earnings by the end of the year. Her learning potential in future years
would have far exceeded the rate of increases shown in the interim rule.
Also the proposed method of averaging earnings in the period of
1998-1999-2000 to obtain the base and then to apply the yearly raise
formula severely under estimates her future compensation.
She is penalized all the way around because of making lower salaries in 1998
and 1999 in a lower skilled job ,then her future compensation is calculated
on this low averaged base which in her case would be about 75,000 dollars.
Based on the tables she would receive 600,00-900,00 dollars less than what
the real value would be if based on an averaged salary of 115,000 dollars
which is really her true current wage.
Thank you for reviewing these comments. Sincerely,
Father of ( employee )
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