This has happened to me every reset since Warmind.. Not sure what is going on, but it is quite annoying. I can understand why regular items are dropping 12 power levels lower than my current power level, but why are my weekly milestone rewards dropping one power level lower than me? Why are they dropping anywhere near my current power level?? Also, I have given it 3 days to update.. I have been this power lvl since last week.. Any suggestions? I hear ppl say it does not matter what you have equipped.. and upon doing this study.. that statement is also BS..
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I had this happen last week (mine was 10 lower, from 3/4 milestones, on 1 character) however generally it will be your shown power level -5. This is because legendary mods do not get accounted for.