2008-2011 Compensation Clause Samples

2008-2011 Compensation. The salary schedules contained in Exhibit 3 shall be increased by the following amounts for the year(s) noted. The salary schedules will be calculated to the nearest cent on a monthly basis. 12.1.1 2008 – 2009 The salary schedule in Exhibit 3 will be increased by the full State funded Community College COLA contained in the adopted State Budget. 12.1.2 2009 – 2011 The salary schedule in Exhibit 3 will be increased by eighty percent (80%) of the State funded Community College COLA contained in the adopted State Budget.