Cost of Living. Adjustments (Years 1 and 2: 2020-2021 and 2021-2022)
Cost of Living. Following the release of the Consumer Price Index for July 2010 by Statistics Canada based on the 1981 equals 100 index, the Company shall compare such index with the Consumer Price Index for April 2010.
Cost of Living. There will be a cost-of-living allowance calculated on hours worked as follows: An Increase of one (1) cent per hour worked for each rise of .062 points in the Consumer Price Index or a decrease of one (1) cent per hour worked for each drop of .062 points in the Consumer Price Index. When CPI changes would result in a decrease in the total COLA payable, it is agreed and understood that the total COLA payable will be maintained at the level in effect prior to the decrease in CPI in exchange for future offsets. These offsets will take the form of postponing any new COLA generated until such time that the CPI used for any an adjustment date exceeds the CPI that generated the last positive COLA payment. The cost-of-living allowance will be established in accordance with changes in the official Consumer Price Index published by Statistics Canada (2002=100) and hereinafter referred to as the Consumer Price Index which was 112.1 as of June 2007 (May 2007). In no event will a decrease in the Consumer Price Index reduce the contract rates listed in the attached wage schedule outlined in Article 14. The amount of any cost-of-living allowance in effect at any time shall be included in computing overtime pay, jury duty pay and funeral time pay. Index is to be reviewed each quarter commencing January 2014. Revision in cost-of-living allowance will take effect the first of the pay period commencing after Index publication. The continuance of the cost-of-living allowance shall be contingent upon the availability of the official monthly Statistics Canada Consumer Price Index in its present form and calculated on the same basis as the Index published January 25, 2014, unless otherwise agreed upon by the parties. In the event the form or basis of the Index is changed, the parties agree to request said Statistics Canada to continue to furnish, for the term of this agreement, the Index in its present form and calculated on the same basis as the Index published January 25, 2014. Fold in all existing COLA adjustments into wages up to and including adjustment #12 (October 2017).
Cost of Living. Adjustments (Years 1-4: 2015-2016, 2016-2017, 2017-2018 and 2018-2019)
(a) Bargaining unit members employed on January 1, 2016 on a 12-month basis shall receive a 2.0% increase in base pay effective January 1, 2016.
(b) Bargaining unit members employed on February 1, 2016 on a 9-month basis shall receive a 2.0% increase in base pay effective February 1, 2016.
(c) Bargaining unit members employed on a 12-month basis on January 1 in each year of this Agreement, starting January 1, 2017, shall receive a percentage increase to their base pay equal to the percent change in the CPI, provided that the percentage increase in CPI is not less than 1.5% or more than 3.5%. If the percentage increase in CPI is less than 1.5%, then the percentage increase in base pay shall be 1.5%; if the percentage increase in CPI is greater than 3.5%, then the percentage increase in base pay shall be 3.5%.
(d) Bargaining unit members employed on a 9-month basis on February 1 in each year of this Agreement, starting February 1, 2017, shall receive a percentage increase to their base pay equal to the percent change in the CPI, provided that the percentage increase in CPI is not less than 1.5% or more than 3.5%. If the percentage increase in CPI is less than 1.5%, then the percentage increase in base pay shall be 1.5%; if the percentage increase in CPI is greater than 3.5%, then the percentage increase in base pay shall be 3.5%.
Cost of Living. Adjustments of three percent (3%) on the original base retirement pay shall be made annually for the first five (5) years following an employee's retirement. The initial cost of living adjustment shall be payable in the next retirement payment after the completion of one (1) full year of retirement. Cost of living adjustments are not included in computing the retirement allowance financed by the Employer.
Cost of Living. The Company will continue the Cost-of-Living provisions set forth in Section II of the 2008 MOU during the term of this 2016 MOU. Notwithstanding the continuation of these provisions, there will be no Cost-of-Living adjustments during the term of this 2016 MOU.
Cost of Living. A price index to measure cost of living is the Regional Price Index (RPI) and such indexes will be developed in early 2011 and 2013. The components that will be surveyed are as stated in Schedule I of this General Agreement. The parties shall consult on the towns to be included as part of the survey. The calculations for the cost of living effective from 1 July 2011 and 2013 shall be based on the RPIs developed in these years. The cost of living will be calculated by multiplying the RPIs with the relevant annual salary of a Public Service General Agreement 2008, or as replaced, classification level 1.1 effective on 1 July in each year. The cost of living component used in the aggregate District Allowance rate will rise and fall according to the actual calculation, and will not be maintained at the previous amount if there is a reduction.
Cost of Living. All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost- of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84= 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2003 2009, and every August 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 2003 2009 (published June 2003 2009) and every May thereafter, and the base Index for May 2002 2008 (published June 2002 2008) and every May thereafter, as follows: For every 0.2 point increase in the Index, over and above the base (prior year’s) Index plus 3.0% there will be a 1 cent increase in the hourly wage rates payable on August 1, 2003 2009, and every August 1 thereafter. These increases shall only be payable if they equal five ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each 1 cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the In...
Cost of Living. The 2010/11 Salary Schedule A shall be increased by a cost of living factor as stated below, provided, the percentage increase shall rise above ten (10%) percent.
Cost of Living. 35.1 Fold-in COLA accrued during the life of the previous agreement - $0.93.
35.2 Cost of Living Adjustments shall be effective June 2008, September 2008, December 2008, March 2009, June 2009 and quarterly thereafter during this Agreement and until the signing of a new contract.
35.3 These adjustments shall be based on a comparison between the base figure 112.6 and the equivalent index figure published in May 2008, August 2008 and quarterly thereafter.
35.4 Adjustments shall be calculated on a formula of 1 cent per hour worked for each 0.0690 of a point upwards difference between the respective Index Figure applicable and the base figure, using 2002 equals 100 C.P.I. Adjustments shall be made upwards or downwards, except that a drop in the Index Figure below the base figure shall not result in a decrease below the level of wage rates in force on June 1, 2008.
