Examples of CPI-U in a sentence
FY 29 (2028-29) ● The 2028-2029 hourly rates for current employees will be determined by increasing the wages of each current employee by the percentage change in the CPI-U for the 12-month period ending December 31, 2026 plus an experience factor of 1%, not to be lower in total than 2.5% or to exceed 4.5%.
FY 27 (2026-27) ● The 2026-2027 hourly rates for current employees will be determined by increasing the wages of each current employee by the percentage change in the CPI-U for the 12-month period ending December 31, 2024 plus an experience factor of 1%, not to be lower in total than 3.0% or to exceed 4.5%.
Price adjustments will be made in accordance with changes in the U.S. Department of Labor Consumer Price Index (CPI-U) for ALL Urban Consumers, AL Items, South Region (Base 1982-84 = 100).
FY 28 (2027-28) ● The 2027-2028 hourly rates for current employees will be determined by increasing the wages of each current employee by the percentage change in the CPI-U for the 12-month period ending December 31, 2025 plus an experience factor of 1%, not to be lower in total than 2.5% or to exceed 4.5%.
For example, the annual license fee for Year 4 shall be: $10,000 x (1 + CPI-U for Year 3).