| Base year |
(2004 annual CPI) |
$800 |
| Year 2005 |
(800 X 1.027) |
$822 |
| Year 2006 |
(822 x 1.034) |
$850 |
| Year 2007 |
(850 X 1.025) |
$871 |
| Year 2008 |
(871 X 1.041) |
$907 |
| Year 2009 |
(907 X 1.001) |
$908 |
| Year 2010 |
(908 x 1.027) |
$933 |
| Year 2011 |
(933 x 1.015) |
$947 |
| Year 2012 |
($947 x 1.030) |
$975 |
| Year 2013 |
($975 x 1.017) |
$992 |
The monthly CPI release dates are presented at http://www.bls.gov/cpi/#data .
In order to ensure uniformity in the points and fees trigger, the following procedure will be utilized for the points and fees calculation:
- Go to the site for the Bureau of Labor Statistics ( http://www.bls.gov/cpi/ );
- Find the table that provides the latest CPI-U , US city average for all items (use the "not seasonably adjusted" (NSA) percentage;
- Calculate the new "total points and fees payable by the consumer" for the current year only (Please note: the percentage must be obtained before the CPI release date for February of the current year. The monthly CPI release dates are presented at http://www.bls.gov/cpi/#data ) ; and
Maintain the amount, for your records, until the next reporting year. |
