Common use of COST-OF-LIVING PAYMENTS Clause in Contracts

COST-OF-LIVING PAYMENTS. Part A - Cost-of-Living Payments Under 1991 National Implementing Document The nine-cent cost-of-living allowance in effect beginning July 1, 1995 pursuant to Article II, Part B of the 1991 National Implementing Document shall be rolled in to basic rates of pay on November 30, 1995 and such Article II, Part B shall be eliminated at that time. Any amounts paid from January 1, 1996 under the aforementioned COLA provision (effective January 1, 1996) shall be deducted from amounts payable under Article I of this Agreement.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Wage Agreement, Wage Agreement

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