With a fixed percentage raise we are taking the risk of high(er) inflation. With a COLA+X the company takes that risk. I prefer the COLA+X approach but agree with you that X=1% isn't going to gain us a lot of ground. It would be nice to have a bigger X for at least the 8/06 increase. The company's X=0.5% is completely unacceptable, IMO, as is their 3% cap.