Common use of Cost of Living Adjustment (COLA Clause in Contracts

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.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

Cost of Living Adjustment (COLA. Effective December 1, 20112013, Compensation Plan salary rates shall be increased by one and one-half percent (1.5%) to be paid January 1, 20122014. Effective December 1, 20122014, Compensation Plan salary rates shall be increased by one and forty-five one-hundredths two percent (1.452%) to be paid January 1, 20132015.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!