Benefits under the Long Term Disability. plan shall include annual adjustments effective January 1, for Employees who have received twenty-four (24) payments in the period prior to January 1. The formula for adjustment shall be C.P.I. (Canada Wide 1986 = 100) from September to September minus one percent (1%) with a maximum adjustment to payments of four percent (4%) in any one year. There will be no "double indexing".
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, negotech.labour.gc.ca
Benefits under the Long Term Disability. plan shall include annual adjustments adjustment effective January 1, for Employees who have received twenty-four (24) payments in the period prior to January 1January. The formula for adjustment shall be C.P.I. (Canada Wide 1986 = 100) from September to September minus one percent (1%) with a maximum adjustment to payments of four percent (4%) in any one (1) year. There will be no "“double indexing"”.
Appears in 1 contract
Samples: Letter of Agreement
Benefits under the Long Term Disability. plan shall include annual adjustments adjustment effective January 1, for Employees who have received twenty-four (24) payments in the period prior to January 1January. The formula for adjustment shall be C.P.I. (Canada Wide 1986 = 100) from September to September minus one percent (1%) with a maximum adjustment to payments of four percent (4%) in any one year. There will be no "double indexing".one
Appears in 1 contract
Samples: Collective Agreement
Benefits under the Long Term Disability. plan shall include annual adjustments adjustment effective January 1, for Employees who have received the Maintenanceand Construction Council twenty-four (24) payments in the period prior to January 1January. The formula for adjustment shall be C.P.I. (Canada Wide 1986 = 100) from September to September minus one percent (1%) with a maximum adjustment to payments of four percent (4%) in any one year. There will be no "double indexing".one
Appears in 1 contract
Samples: Collective Agreement
Benefits under the Long Term Disability. plan shall include annual adjustments adjustment effective January 1, for Employees who have received twenty-four (24) payments in the period prior to January 1January. The formula for adjustment shall be C.P.I. (Canada Wide 1986 = 100) from September to September minus one percent (1%) with a maximum adjustment to payments of four percent (4%) in any one year. There will be no "“double indexing"”.
Appears in 1 contract
Samples: Collective Agreement
