Cost of Living Clause. Commencing in April, 2004, the Employer and the Union shall meet to determine if there has been more than a three percent (3%) increase in the B.C. Consumer Price Index (CPI)* over the past year. The determination (CPI increase) will be based on a comparison of the March 2004 B.C. CPI to the March 2003 B.C.
Cost of Living Clause. Commencing in April, 2004, the Employer and the Union shall meet to determine if there has been more than a three percent (3%) increase in the B.C. Consumer Price Index (CPI)* over the past year. The determination (CPI Increase) will be based on a comparison of the March, 2004 B.C. CPI to the March 2003 B.C. CPI. If the CPI Increase exceeds three percent (3%) then the Employer shall pay Grid A employees (except Service Clerks and Demonstrators) at top rate of their classification, one cent ($0.01) per hour paid and one half cent ($0.005) per hour paid for all other employees for each one-third of one percent (.333%) that the CPI Increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two (52) weeks prior to March 28, 2004. The above calculation shall also be made in April, 2005; April, 2006; April, 2007; April, 2008, as follows: Calculation Date CPI Increase Comparison Hours Paid Calculation April, 2005 March, 2005 vs. March, 2004 52 weeks prior to March 27, 2005 April, 2006 March, 2006 vs. March, 2005 52 weeks prior to April 2, 2006 April, 2007 March, 2007 vs. March, 2006 52 weeks prior to April 1, 2007 April, 2008 March, 2008 vs. March, 2007 52 weeks prior to March 30, 2008 *B.C. CPI as supplied by Statistics Canada Example for April, 2005:
Cost of Living Clause. Commencing in April, 2004, the Employer and the Union shall meet to determine if there has been more than a three percent (3%) increase in the B.C. Consumer Price Index (CPI)* over the past year. The determination (CPI Increase) will be based on a comparison of the March, 2004 B.C. CPI to the March 2003 B.C. CPI. If the CPI Increase exceeds three percent (3%) then the Employer shall pay Grid A employees (except Service Clerks and Demonstrators) at top rate of their classification, one cent ($0.01) per hour paid and one half cent ($0.005) per hour paid for all other employees for each one-third of one percent (.333%) that the CPI Increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two
Cost of Living Clause. For the term of this Agreement, all classifications of employees, except Courtesy Clerks, indicated in Exhibit A Wages shall be covered by the provisions of a Cost-of-Living allowance as set forth below. The amount of the Cost-of-Living allowance shall be determined and redetermined as provided below on the basis of the “ Revised Consumer Price Index for Urban Wage earners and Clerical Workers” published by the BLS, U.S. Department of Labor (1067 - 100) and referred to herein as the “ Index” . The first Cost-of-Living allowance shall be effective November 11, 1979, based on the difference between the Index figure of March, 1979, and the Index figure of September, 1979. The second Cost-of-Living allowance shall be effective May 11, 1980, based on the difference between the Index figure of September, 1979, and the Index figure of March, 1980. The third Cost-of-Living allowance shall be effective November 9, 1980, based on the difference between the Index figure of March, 1980, and the Index figure of September, 1980. The basis of adjustment shall be a one cent (1*) per hour allowance for every four tenths (.4) increase in the Index during the above stated reviews. _ The Index, in effect, as of the end of the designated month(s) will be the Index used to compute Cost of Living increase, if any. EXHIBIT B In the event of a layoff for lack of work, the principle of seniority shall be applied as follows: Group I : This group shall consist of all stores located within the
Cost of Living Clause. 21.1 The cost-of-living allowance shall be paid as a clockcard addition for all hours worked as shown in the table below: Difference in C.P.I exceeding 6% between addition Becomes a Clockcard February 2005 and August 2005 October 3, 2005 February 2005 and February 2006 April 3, 2006 February 2006 and August 2006 October 2, 2006 February 2006 and February 2007 April 2, 2007 February 2007 and August 2007 October 1, 2007 February 2007 and February 2008 March 31, 2008
Cost of Living Clause. All employees covered by this Agreement shall be entitled to receive a cost-of-living allowance to be determined in the following manner based on the Consumer Price Index (United States average 1967=100) published by the United States Department of Labor. Effective October 1, 1980, the One dollar and forty-eight cents ($1.48) per hour cost-of-living (COLA) which has accumulated from March 1, 1978, through September 30, 1980, (which was being paid on September 1, 1980) shall be added to the base rate. All COLA accumulation between October 1, 1980, and September 30, 1981, shall be paid to all employees.
Cost of Living Clause. Applies each year from 2022- 2026: A Cost of Living Allowance in a lump sum payment will be paid to regular employees for all hours worked, including vacations and general holidays, in the period from April 1, 2000 to March 31, 2001, the first pay period following publication of the March 2001 Consumer Price Index, on the basis of one (1) cent per hour for each full 0.3 change in the Consumer Price Index, (2002 = 100) in the period from April 1, 2000 to March 31, 2001 calculated by subtracting the Consumer Price Index for the month of March 2000, after adding thereto 4% of the March 2000 Consumer Price Index, from the Consumer Price Index for the month of March, 2001.
Cost of Living Clause. (a) Effective January 1, 2017, in the event that the percentage increase in the cost of living [Consumer Price Index for the City of New York - Metropolitan Area (New York-New Jersey) Urban Wage Earners and Clerical Workers] from November 2015 to November 2016 exceeds 6.5%, then, in that event, an increase of $.10 per hour for each full l% increase in the cost of living in excess of 6.5% shall be granted effective for the first full work week commencing after January 1, 2017. In no event shall said increase pursuant to this provision exceed $.20 per hour.
