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: Letter of Agreement, Letter of Agreement, Letter of Agreement
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: Letter of Agreement, Letter of Agreement