Cola Clause. Effective January 1, 1991 for every 1% increase in Vancouver CPI in excess of a 12% increase (measured over November, 1990) wages will be adjusted by 10 cents per hour. Changes will be measured and adjustments made where appropriate on a quarterly basis effective April, July, and October, 1991, and January, April, July and October, 1992, based on the CPI average for the three months preceding the measurement date.
Appears in 4 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement