Cost of Living Adjustment (COLA. Effective December 1, 2011, Compensation Plan salary rates shall be increased by one and one-half percent (1.5%) to be paid January 1, 2012. Effective December 1, 2012, Compensation Plan salary rates shall be increased by one and forty-five one-hundredths percent (1.45%) to be paid January 1, 2013.
Cost of Living Adjustment (COLA. Increase to employee’s base salary and salary ranges will be as follows: • Effective the beginning of the pay period including July 1, 2021: 2% • Effective the beginning of the pay period including July 1, 2022: 2%
Cost of Living Adjustment (COLA. Any COLA provided by the legislature is applied to faculty salaries after all other applicable increases (e.g., FEWs, annual increases) in a manner consistent with the legislation.
Cost of Living Adjustment (COLA. Effective December 1, 2015, or either the first (1st) of the month following the date the bargaining unit ratifies the Agreement or upon receipt of an interest arbitration award, whichever is later, all pay rates will be increased by two and one quarter percent (2.25%). Effective December 1, 2016, or either the first (1st) of the month following the date the bargaining unit ratifies the Agreement or upon receipt of an arbitration award, whichever is later, all pay rates will be increased by two and three quarters percent (2.75%).
Cost of Living Adjustment (COLA. Effective June 15, 2018 all pay rates shall be increased by one percent (1%).
Cost of Living Adjustment (COLA. In considering COLAs for subsequent agreements, the parties will consider the San Francisco, Oakland-San Xxxx All Urban Consumers Index.
Cost of Living Adjustment (COLA. Effective on July 1, 2020 and July 1, 2021, employees shall receive a cost of living increase based on the California Consumer Price Index for All Urban Consumers (CPI-U) for the Riverside-San Bernardino-Ontario area for the twelve (12) month period of November to November of the preceding year.
Cost of Living Adjustment (COLA. If the County elects in it’s sole determination to exercise the option years, the Contract (hourly, daily, monthly, etc.) sum, identified hereinabove, may be adjusted annually based on the increase or decrease in the U.S. Department of Labor, Bureau of Labor Statistics’ Consumer Price Index (CPI) for the Los Angeles-Riverside-Orange County Area for the most recently published percentage change for the 12-month period preceding the contract anniversary date, which shall be the effective date for any cost of living adjustment. However, any increase shall not exceed the general salary movement granted to County employees as determined by the CAO as of each July 1 for the prior 12-month period. Furthermore, should fiscal circumstances ultimately prevent the Board from approving any increase in County employee salaries, no cost of living adjustments will be granted.
Cost of Living Adjustment (COLA. 1. For Compensatory increases due on July 1, 2020 and July 1, 2021, if the cost-of-living index (COL), as computed below, exceeds the percentage of the compensatory increase for the next contract year by more than a quarter-percent (0.25%), then the compensatory increase for the next contract year will be adjusted to match the COL (to two decimal places) on a point-for-point basis up to a maximum adjustment of one-half percent (0.5%). If the COL exceeds the scheduled compensatory increase by more than a half-percent (0.5%), then the compensatory increase will be further adjusted by one-half of the amount by which the COL exceeds the scheduled compensatory increase by more than 0.5%, up to a total maximum cost-of-living adjustment of 0.75%, with all numbers rounded to two decimal places. The cost-of-living increase described herein shall not apply to the compensatory increase effective July 1, 2019, but shall apply effective with the July 1, 2020 and July 1, 2021 scheduled increases.
2. Computation of the cost-of-living. The cost-of-living shall be computed based on a comparison of the annual average of the Consumer Price Index for all urban consumers (CPI-U) as reported by the U.S. Department of Labor – Average Price Data for All Urban Consumers (current series), U.S. all items, 1982-84=100 (CUUR0000SA0) where the 2005 average index is 195. To calculate the cost of living, take the annual average CPI index for the calendar year ending immediately prior to the scheduled wage increase (e.g., the 2011 annual index for the wage increase due on July 1, 2012), divide by the annual index for the prior year, and subtract 1. Convert this number to a percentage and compare to the compensatory percentage increase due the following July 1st.
Cost of Living Adjustment (COLA. A. Effective December 1, 2021 or on the first of the month following receipt of an interest arbitration award whichever is later, all pay rates will be increased by two and five tenths percent (2.5%) but not less than eighty-five dollars ($85.00) per month (prorated for part time employees).
B. Effective December 1, 2022 or first of the month following receipt of an interest arbitration award whichever is later, all pay rates will be increased by three and one tenth percent (3.1%) but not less than one hundred dollars ($100.00) per month (prorated for part time employees).
