Cost of. If, during the periodMay and June I, the average has increased by more than over the previous month period, an adjustment will be made for the difference between the actual percentage and the increase. If the actual percentage increase is less than no adjustment shall be made. If an adjustment is required based on the above criteria, the differential will be applied to all hours worked period May and June I, including overtime premium hours. The following formula will be used for calculating the adjustment: where; A = monthly (June -May 2000) B = monthly (lune -May 1999) Wage ratein effect for period May 29/98 May 27/99 Wage rate in effect for period May 28/99 June T = Total hours paid during the period May 28/99 and June including overtime premium hours = TOTAL DOLLAR ADJUSTMENT Adjustments will be made in the pay period following release by Statistics Canada of the National Consumer Price. Index (base = 100) for all months used in the calculation (i.e.. June to May 2000). ARTICLE

Cost of. For the periodSeptember to August a cost of allowance shall be paid to Teachers. The of this allowance be made monthly for each month in which the cost of living index for Metropolitan Toronto exceeds of the August, The last such any, shall be made on the basis of the August The calculation of this for each such month shall be based on the Grid Where A is calculated follows: Month