The EMA rate is calculated 4 times a year after the release of the CPI-W.
(Consumer Price Index for Urban Wage Earners and Clerical Workers)
February
May
August
November
2009 Release dates for the CPI
ONCE THE CPI IS RELEASED, THE EMA RATE WILL BE EFFECTIVE
THE 2ND FULL PP AFTER THE RELEASE DATES BELOW
February 2009
Wednesday, March 18, 2009
May 2009
Wednesday, June 17, 2009
August 2009
Wednesday, September 16, 2009
November 2009
Wednesday, December 16, 2009
WE WILL GET A "BASE RATE" CHANGE TWICE DURING THIS CONTRACT PERIOD
AUGUST 2008 2 CENTS WHICH WILL BRING THE "BASE" EMA TO 43.5 CENTS
AUGUST 2009 2.5 CENTS WHICH WILL BRING THE "BASE" EMA TO 46 CENTS
Ever wonder how they figure your EMA?
EMA is calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers..
They use the private transportation index... The price of fuel is not the only thing that goes
into figuring our EMA.
Relative Importance
The relative importance of a CPI component is the percent of its expenditure weight relative
to the total expenditure weight of all items in the Consumer Price Index.
Item Relative Importance
Private Transportation 16.329
New and Used Motor Vehicles 7.858
Motor Fuel 4.191
Motor Vehicle Parts & Equipment 0.362
Motor Vehicle Maintenance & Repair 1.131
Motor Vehicle Insurance 2.301
Motor Vehicle Fees 0.485
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