Common use of Basic Salary Package Clause in Contracts

Basic Salary Package. The Consumer Price Index referenced in the following section refers to the Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average, All Items, Not Seasonally Adjusted, Base Period: 1982-84 =100. 1. 2009-2010 - The entire salary package will be distributed across-the-board. Each continuing member of the bargaining unit will receive an increment equal to 2.75% of base pay. 2. 2010-2011 – Each continuing member of the bargaining unit will receive an increment equal to the percentage change in the CPI-U, plus one-half of one percent, with a floor of 2.5% and a ceiling of 4.5%; the percentage change in the CPI-U is measured from December 2008 to December 2009. 3. 2011-2012 - Each continuing member of the bargaining unit will receive an increment equal to the percentage change in the CPI-U, plus one-half of one percent, with a floor of 2.5% and a ceiling of 5.0%; the percentage change in the CPI-U is measured from December 2009 to December 2010.

Appears in 1 contract

Sources: Faculty Contract

Basic Salary Package. The Consumer Price Index referenced in the following section refers to the Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average, All Items, Not Seasonally Adjusted, Base Period: 1982-84 =100. 1. 2009-2010 - The entire salary package will be distributed across-the-board. Each continuing member of the bargaining unit will receive an increment equal to 2.75% of base pay. 2. 2010-2011 � Each continuing member of the bargaining unit will receive an increment equal to the percentage change in the CPI-U, plus one-half of one percent, with a floor of 2.5% and a ceiling of 4.5%; the percentage change in the CPI-U is measured from December 2008 to December 2009. 3. 2011-2012 - Each continuing member of the bargaining unit will receive an increment equal to the percentage change in the CPI-U, plus one-half of one percent, with a floor of 2.5% and a ceiling of 5.0%; the percentage change in the CPI-U is measured from December 2009 to December 2010.

Appears in 1 contract

Sources: Faculty Contract