Common use of Inflation Pay Adjustment Clause in Contracts

Inflation Pay Adjustment. In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2022-2023, effective July 1, 2022, each eligible employee’s June 30, 2022, base rate of pay shall be increased by 5.38 percent to address rising inflation. The inflation pay adjustment shall be made before any other adjustments.

Appears in 8 contracts

Samples: Agreement, Agreement, Agreement

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Inflation Pay Adjustment. In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2022-2023, effective July 1, 2022, each eligible employee’s June 30, 2022, base rate of pay shall be increased by 5.38 percent to address rising inflation. The inflation pay adjustment shall be made before any other adjustmentsadjustment.

Appears in 2 contracts

Samples: Agreement, Agreement

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Inflation Pay Adjustment. In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2022-2023, effective July 1, 2022, each eligible employee’s June 30, 2022, base rate of pay shall be increased by 5.38 percent to address rising inflation. The inflation pay adjustment shall be made before any other adjustmentsadjustment(s).

Appears in 2 contracts

Samples: Agreement, Agreement

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