At some point, the PET needs to become what economists describe as “actual PET,” meaning that inflation and COLA adjustments are already normalized to some fixed time. As it stands, there has been enough volatility in the relatively short IBE (insane buyout era) that we don’t yet need to quibble with the math.
Just calculated my total salary over the past decade in PET. I am sad now.
At some point, the PET needs to become what economists describe as “actual PET,” meaning that inflation and COLA adjustments are already normalized to some fixed time. As it stands, there has been enough volatility in the relatively short IBE (insane buyout era) that we don’t yet need to quibble with the math.
Does this mean that the highest paid state employees in Alabama, Arkansas, and South Carolina are being paid NOT to work? Will Tennessee be next?
How many totalPET's would KU have made since 2008? Since Weis? Since Miles to Go?