COST OF LIVING ALLOWANCE. 29:01 All employees within the Bargaining Unit shall be paid a cost of living allowance based on the cost of living formula as set forth below: The cost of living allowance will be determined in accordance with changes in the Consumer Price Index, published by Statistics Canada (1961 = 100) and hereinafter referred to as the Consumer Price Index. The base Consumer Price Index shall be the Consumer Price Index for February 2016. The first (1st) cost of living adjustment shall be based on the Consumer Price Index of May, 2016, and each three (3) months thereafter compared to the base Consumer Price Index for February 2016. Cost of living adjustments shall be made on pay periods commencing 11:59 p.m. on the following dates: July 5, 2016; October 11, 2016; January 17, 2017; and April 10, 2017. The cost of living rate adjustment shall be One ($0.01) Cent per hour for each point five (.5) change in the Consumer Price Index. The cost of living allowance will be adjusted up or down if and as required for each quarterly period in accordance with the above mentioned formula, provided, however, that in no event will a decline in the Consumer Price Index below the figure as recorded for February, 2016, minus 2.5 points provide a basis for further reduction in the straight time rates set forth in Schedule "A" of the within Agreement. The amount of cost of living Allowance in effect at any time shall be included in computing vacation pay, holiday pay, call-in pay, sick pay, paid leave of absence and Workplace Safety Insurance Board payments. The amount of cost of living allowance shall be included in computing overtime pay except that there shall be no pyramiding as stated in clause 19:06 of the within Agreement. As of June 30, 2016, the cost of living rate adjustment less Five ($0.05) Cents* will be added to the base rates set forth in Schedule "A" in order to create new base rates - said new base rates to be effective as of July 1, 2016. Upon creation of new base rates as provided in the preceding paragraph, a new base Consumer Price Index shall be established and shall be calculated as being the Consumer Price Index for February 2016 minus 2.5 points. This article shall be frozen during the life of the Collective Agreement and no monies will be generated or paid during the term of the Collective Agreement. *The Five ($0.05) Cents referred to was folded into the Base Hourly Wage Rates noted in Schedule “A” effective July 1, 1986. The University of Windsor and C.U.P.E....
COST OF LIVING ALLOWANCE. The City’s contract with XxxXXXX provides the benefit known as the 2% Cost of Living Allowance Increase as set forth in Government Code section 21329.
COST OF LIVING ALLOWANCE. NOTE: The provisions of this Section 14.11 shall remain inoperative during calendar year 1992 and no cost of living allowance shall be computed, paid or become payable or owing in respect of calendar year 1992.
(a) The C.P.I. published for March 1993 shall be compared with the C.P.I. published for December 1992 and effective the pay period immediately following the publication of the March 1993 C.P.I., the allowance, if triggered, shall be one (1) cent per hour worked for each zero point two six five (0.265) increase in excess of 4% by which the March 1993 C.P.I. exceeds the December 1992 C.P.I.
(b) Such allowance, if any, shall continue until the publication of the C.P.I. for June 1993. If the June 1993 C.P.I. exceeds by more than 4% the figure published for December 1992, effective the pay period immediately following the publication of the June 1993 C.P.I., the allowance, if triggered, shall be one (1) cent per hour worked for each zero point two six five (0.265) increase in excess of 4% by which the June 1993 CPI exceeds the December 1992 C.P.I.
(c) A similar comparison shall be made thereafter on the basis of the
COST OF LIVING ALLOWANCE. The following Article 29 on the Cost of Living Allowance is suspended for the duration of the Collective Agreement and will not provide or accumulate any monetary payment during said term. Effective January 1977, and continuing until the termination of this Agreement, the Company will pay a cost of living allowance (C.O.L.A.) premium to employees who have established seniority within the Bargaining Unit.
29:01 The Consumer Price Index as published by Statistics Canada in 1961 = 100 shall constitute the controlling index numbers for all calculations of the C.O.L.A. premium.
29:02 During the period of this Agreement, if Statistics Canada revise the base year 1961 = 100, the Company and the Union will meet and determine a conversion factor which would equitably adjust the present base to an amended base or request Statistics Canada to provide an appropriate conversion factor. In this event, the amended base will replace the base index as described in Section 29:01.
29:03 The base index figure will be the September 1976 Consumer Price Index. The index for December 1976, and each subsequent calendar quarter to the termination of this Agreement will have subtracted from it the base, to yield the quarterly differential.
29:04 The C.O.L.A. premium will be paid based on all hours worked commencing with the pay period immediately following the publication of the December 1976 Consumer Price Index. The monetary amount of the premium shall not form part of an employee’s applicable hourly rate nor will it exceed forty-five cents (45¢) per hour.
29:05 The C.O.L.A. premium calculation will be formulated such that one cent ($0.01) will be paid for each full zero point four (0.4) points of quarterly index differential obtained in 29:03. No adjustment, retroactive or otherwise shall be made to the value of the premium due to any revision which may be made at a date subsequent to the publication of the Consumer Price Index of Statistics Canada.
29:06 No premium shall be paid for a quarter in which the average quarterly index is equal to or less than the base index number stated in 29:03. Continuance of the premium is dependent upon the availability of the Consumer Price Index as published by Statistics Canada.
COST OF LIVING ALLOWANCE. 24.01 The Cost-of-Living Allowance provided herein shall be paid weekly in the employee's regular pay for each hour worked. The amount of Cost-of-Living Allowance in effect at any given time shall be included in computing vacation pay, holiday pay, reporting for work allowance, bereavement pay, and jury duty.
24.02 Effective the beginning of the pay period commencing on or after ratification of this Agreement, the COLA shall be twenty-eight cents ($0.28) and shall remain in effect until September 3, 2023.
24.03 Future adjustments in the Cost-of-Living Allowance shall be made on the dates contained in 24.04 and shall be based upon the Canada Consumer Price Index (1992 =100); published by Statistics Canada, with the adjustment to be made based upon a one cent ($0.01) per hour increase for each .0736 change in the average index for the appropriate three months. In determining the three month average of the indexes for the specified period, the computed average shall be rounded to the appropriate
24.04 Adjustments during the period of this Agreement shall be made at the following times: Effective Date Based on the Three-Month Average of the of Adjustment: Consumer Price Index for the Months of:
24.05 The COLA base to be used for the September 4, 2023 COLA Adjustment is the average of the February, March and April 2023 Canadian Consumer
24.06 In the event that Statistics Canada does not issue the appropriate Indexes on or before the beginning on one of the pay periods referred to in this Section, any adjustments in the Allowance required by such appropriate Indexes shall be effective at the beginning of the first pay period after receipt of the Indexes.
24.07 No adjustments retroactive or otherwise shall be made in the amount of the Cost-of-Living Allowance due to any revision which later may be made in the published figures used to determine the average Index for the month or months on the basis of which the allowance shall have been determined.
COST OF LIVING ALLOWANCE. Not in Force for Term of Present Collective Agreement:
35.01 If the November 1993 Consumer Price Index (C.P.I.) exceeds the C.P.I. for November 1992 by more than 3.0%, then all basic rates of pay in effect at January 31, 1994 will be increased effective in February 1994 by a percentage figure equal to the difference between the percentage increase in the C.P.I. and 3.0%.
35.02 If the November 1994 Consumer Price Index (C.P.I.) exceeds the C.P.I. for November 1993 by more than 2.0%, then all basic rates of pay in effect at January 31, 1995 will be increased effective in February 1995 by a percentage figure equal to the difference between the percentage increase in the C.P.I. and 2.0%.
35.03 The C.P.I. used for purposes of this Article shall be the C.P.I. - Canada All Items (1986=100) as published by Statistics Canada or any successor Department or Agency.
35.04 Should the C.P.I. be amended or discontinued prior to January 1995, the parties agree to consult to determine a means to give effect to the intention of this Article.
COST OF LIVING ALLOWANCE. A Cost of Living Allowance in a lump sum payment will be paid to regular employees for all hours worked, including vacation and plant holidays [in each calendar year on the first pay period following publication of the December Consumer Price Index (1971=100)] on the basis of $.01 per hour for each full .3 change in the CPI in the year calculated by subtracting the CPI (1971=100) for the month of December from the CPI for the month of December of the previous year after adding 4.5% to that previous year’s December CPI index.
COST OF LIVING ALLOWANCE. During the Term of Employment, the Company shall pay the Executive a monthly cost of living allowance of $10,000.
COST OF LIVING ALLOWANCE. Effective October 1, 2001 COLA will recommence. The base for this purpose shall be the CPI index for May, 2001. COLA adjustments, commencing October 1, 2001 will be determined by comparing the average index for the previous applicable three-month period to the base described above, payable on a quarterly basis. The formula provides a one cent (1¢) adjustment for each 0.125 change in the average Consumers Index (1992 = 100). The COLA adjustment will be folded into the base wage rates as they become payable. There will be no reduction in hourly rates should there be a decrease in the CPI. In the event that Statistics Canada ceases to publish the monthly CPI in its present form, such change shall be the subject of discussion by the parties prior to amending their provision.
COST OF LIVING ALLOWANCE. 34.01 (a) For Wage Schedules 1 and 3, if the June 2007 Consumer Price Index (C.P.I.) exceeds the C.P.I. for June 2006 by more than 2.0%, then all basic rates of pay in effect at August 31, 2007 will be increased effective September 1, 2007 by a percentage figure equal to the difference between:
(i) the percentage by which the June 2007 C.P.I. exceeds the June 2006 C.P.I. and
(ii) 2.0% to a maximum of 1.0% of basic rates of pay.
(b) For Wage Schedule 2, if the June 2007 Consumer Price Index (C.P.I.) exceeds the C.P.I. for June 2006, then all basic rates of pay in effect at August 31, 2007 will be increased effective September 1, 2007 by a percentage figure equal to the difference between the percentage by which the June 2007 C.P.I. exceeds the June 2006 C.P.I. to a maximum of 1.0% of basic rates of pay.
