WAGE AND FRINGE BENEFIT ALLOCATIONS Sample Clauses

WAGE AND FRINGE BENEFIT ALLOCATIONS. It is agreed the following wage increases shall become effective on: 6/1/13 6/1/14 6/1/15 Classification: 1(A) $1.25* $1.25 $1.55 1(A)1 $1.25* $1.25 $1.55 1(B) $1.25* $1.25 $1.55 1(B)1 $1.25* $1.25 $1.55 1(C) $1.25* $1.25 $1.55 1(C)1 $1.25* $1.25 $1.55 2 $1.25* $1.25 $1.55 3 $1.25* $1.25 $1.55 4 $1.25* $1.25 $1.55 *The June 1, 2013 economic increase of $1.25 (one dollar and twenty five cents) is included in the wage rates identified for June 1, 2013, under Article IX, Section 9.1 CLASSIFICATION & WAGE RATES. The Union may elect, at its option, upon at least thirty (30) days written notice prior to June 1, 2014, and June 1, 2015, to allocate any increase to any or all: 1) Hourly wage rates; 2) Health Benefit Fund;