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

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. A. Effective December 1, 2015, 2021 or either on the first (1st) of the month following the date the bargaining unit ratifies the Agreement or upon receipt of an interest arbitration award, award whichever is later, all pay rates will be increased by two and one quarter five tenths percent (2.252.5%). Effective December 1, 2016, or either the first ) but not less than eighty-five dollars (1st$85.00) of the per 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%prorated for part time employees).

Cost of Living Adjustment (COLA. A. Effective December July 1, 2015, 2019 or either on the first (1st) of the month following the date the bargaining unit ratifies the Agreement or upon receipt of an interest arbitration award, award whichever is later, all pay rates will be increased by two and one quarter fifteen hundredths percent (2.252.15%). Effective December 1, 2016, or either The salary alignment shall be applied first before the first (1st) cost of living adjustment. The cost of living adjustment shall be applied before the month following the date the bargaining unit ratifies the Agreement or upon receipt implementation of an arbitration award, whichever is later, all pay rates will be increased by two and three quarters percent (2.75%)selective salary adjustments.