CPI definition
Examples of CPI in a sentence
If the inflation rate for [NTD: jurisdiction of D2L entity] as published by the World Bank (xxx.xxxx.xxxxxxxxx.xxx) for the most recently reported twelve-month period (“CPI”) exceeds the Annual Increase, then the fees for any subsequent annual periods may be increased, instead, by applying the applicable CPI rate.
The following increases apply to active and retired members, as at the date of each increase: Effective February 1, 2020 – pension increase for Westshore service equal to the year over year CPI for Vancouver for the previous calendar year.
If the CPI described above is discontinued, such other governmental index or method of computation that replaces it or which is substantially comparable to it will be used.
Effective February 1, 2022 – pension increase for Westshore service equal to the year over year CPI for Vancouver for the previous calendar year.
Annual fees for any renewal period may be increased by the greater of the Annual Increase or CPI as set out above.