November 18, 2012

PUBLIC FORUM: How to calculate amount of claim

— After working for the state of Indiana and helping to take care of the mentally ill for 42 years, I would like to offer my formula for figuring the amount of money owed to each claimant in the class action suit against the state.

You start with the number of overtime hours worked per day. Then you multiply by five days per week. This number is multiplied by 52 weeks in the year and then you multiply by the number of years affected. This number is multiplied by the dollar amount that is allowed. Then you add 20 years of accumulated and accrued interest. You should have coming a decent amount of money.

Don Riemenschneider