Tag: PFD Formula

  • What’s Up with that 21%?

    What’s Up with that 21%?

    This week’s article is inspired by a question that came up during the Bicameral Working Group on the PFD hearing a few days ago. It centers on a portion of the PFD calculation. Here’s the gist: Under the current law, the sum of the earnings over the last five years is multiplied by 21% in…