Cost of Living Increase definition

Cost of Living Increase means, with respect to any year of the Term, any increase in the Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor, All Urban Consumers, United States City Average, All Items (1982/84=100);
Cost of Living Increase means the difference, expressed as a percentage, between (i) the Consumer Price Index most recently published by the Bureau of Labor Statistics of the U.S. Department of Labor, Chicago-Xxxx-Kenosha, for urban wage earners and clerical workers, prior to the date of such adjustment and (ii) such index as so published for the immediately proceeding period. Salary payments shall be made as customarily disbursed by the Company.
Cost of Living Increase means, with respect to any year of the Term, any increase in the Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor, All Urban Consumers, United States City Average, All Items (1982-84=100);

Examples of Cost of Living Increase in a sentence

  • Probationary employees may be eligible for the Cost of Living Increase when given.

  • The parties agree that if additional Cost of Living Increase Adjustment (COLA) monies are made available during the term of the contract, they will re-open the compensation article.

  • Cost of Living Increase: An annual adjustment to all pay ranges that may be made by the BOC.

  • All eligible employees shall be enrolled in the Rhode Island Employees Retirement System to include the Optional Annual Cost of Living Increase, Plan C and shall contribute, through payroll deduction, eight percent (8%) of their base pay.

  • Appendix A contains, among other things, provisions regarding payments to the Public Agency pursuant to Minnesota Statutes § 518A.50; Rules of Maintenance; Wage and Income Deduction of Maintenance pursuant to Minnesota Statutes § 518A.53; Change of Address or Residence; Cost of Living Increase of Maintenance pursuant to Minnesota Statutes § 518A.58; and Judgments for Unpaid Maintenance pursuant to Minnesota Statutes § 548.091.


More Definitions of Cost of Living Increase

Cost of Living Increase means the cost-of-living increase published by the Housing Division of the Department of Business and Industry pursuant to section 3 of this act.
Cost of Living Increase. As described in Section 3.2.1 of the Lease.
Cost of Living Increase means the fraction, the numerator of which shall be the Index in the Anniversary Month less the Base Index, and the denominator of which shall be the Base Index. Landlord shall furnish to Tenant on or before the end of the second month following each Anniversary Month (or at such later time as the Index for the Anniversary Month is published) a statement setting forth the Base Index, the Index for the Anniversary Month and the Cost of Living Increase. If the Index for the Anniversary Month shall exceed the Base Index, there shall accrue as Additional Rent, for and with respect to the twelve-month period commencing on the first day of the first month following the Anniversary Month, an amount determined by multiplying the Adjusted Base Rent by the Cost of Living Increase. On or before the tenth day following submission of said statement to Tenant, Tenant shall pay to Landlord one-twelfth (1/12th) of said annual Additional Rent multiplied by the number of full or partial calendar months lapsed from the beginning of said lease year to the date of payment. On the first day of each succeeding calendar month during the remaining four (4) years of the seven-year term or during any renewal term, as the case may be, Tenant shall pay to Landlord one-twelfth (1/12th) of said annual Additional Rent. In the event the Term shall commence on a day other than the first day of a month or terminate on a day other than the last day of the month, the rent for such partial month shall be prorated.
Cost of Living Increase. On October 1, 2003 and each year thereafter for this Lease and any renewals or extensions of this Lease the rent shall be calculated as follows: The first year's monthly rent multiplied by the CPI for January of the year in question divided by the CPI for January 2002. CPI shall be "The Consumer Price Index for Wage Earners and Clerical Workers" as set forth in the Bureau of Labor Statistics of the United States Government for the United States.
Cost of Living Increase means a fraction, the numerator of which shall be the Index in an Anniversary Month less the Base Index, and the denominator of which shall be the Base Index.
Cost of Living Increase means an adjustment to the base periodic payments under the Civil Service Pension Plan for the purpose of offsetting increases in the cost of living in Palau due to economic inflation.
Cost of Living Increase means the difference, expressed as a percentage, between (i) the Consumer Price Index most recently published by the Bureau of Labor Statistics of the U.S. Department of Labor, Chicago-Xxxx-Kenosha, for urban wage earners and clerical workers, prior to the Adjustment Date and (ii) such index as so published for the immediately proceeding period; provided, however, that no adjustment to Employee's base salary in effect at any time shall be made if the difference between such indices would result in a decrease in Employee's then current base salary. Employee's base salary may be increased further form time to time (but not decreased) based upon an appraisal of Employee's performance under an annual plan, such annual plan and increases, if any, being subject to the approval of the Board (or, if existing at such time, a compensation committee thereof) in its sole discretion. Such base salary shall accrue and be payable in accordance with the Company's payroll practices of the Company in effect from time to time. All such payments shall be subject to deduction and withholding authorized or required by applicable law.