Cost of Living Adjustments. Effective July 1, 2019, Compensation Plan salary rates shall be increased by two and fifteen hundredths percent (2.15%), to be paid August 1, 2019. Effective October 1, 2020, Compensation Plan salary rates shall be increased by three percent (3%), to be paid November 1, 2020. (See Appendix C & E.) Effective July 1, 2020, an additional step shall be added to all salary ranges. Employees who are at the top step of their salary range on the effective date shall have their former salary eligibility date restored for future increases. However, this does not apply to anyone red-circled above the new top step.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement