Common use of PEBB 2017 Projected Funding Composite Rate and 2016 Cost of Living Adjustment Clause in Contracts

PEBB 2017 Projected Funding Composite Rate and 2016 Cost of Living Adjustment. For every one and eighty-two one hundredths percent (1.82%) that the projected composite rate is below the projected three and four tenth percent (3.4%) increase for Play Year 2017, the December 2016 two and three quarters percent (2.75%) across-the-board pay increase will be paid one (1) month earlier but no more than two (2) months earlier.

PEBB 2017 Projected Funding Composite Rate and 2016 Cost of Living Adjustment. For every one and eighty-two one hundredths percent (1.82%) that the projected composite rate is below the projected three and four tenth percent (3.4%) increase for Play Plan Year 2017, the December 2016 two town and three quarters percent (2.75%) across-the-board pay increase will be paid one (1) month earlier but no more than two (2) months earlier.

PEBB 2017 Projected Funding Composite Rate and 2016 Cost of Living Adjustment. For every one and eighty-two one hundredths percent (1.82%) that the projected composite rate is below the projected three and four tenth percent (3.4%) increase for Play Plan Year 2017, the December 2016 two and three quarters percent (2.75%) across-the-board pay increase will be paid one (1) month earlier but no more than two (2) months earlier.