COST-OF-LIVING BONUS. The parties acknowledge and agree that as per the Memorandum of Agreement signed on March 17, 2007, changes to the appropriate cost-of-living index figures, in this Article, are housekeeping changes only and not substantive changes and that similar housekeeping changes should be made in future collective agreements unless otherwise negotiated.
COST-OF-LIVING BONUS. Salaries will be increased or decreased by $3.67 per week for each point or major portion thereof. A review for this purpose shall be made at six (6) month intervals as of the date the contract takes effect. In no case will salaries be reduced below the contract rate. The base cost-of-living index figures will be the Statistics Canada figure for January 1st, 2002. A buffer of seven (7) per cent shall apply beyond the figure published for the month of December 2013; namely 122.8 (2002 base = 100). Re-accumulation of $3.67 per week for each point or major portion thereof shall recommence at 131.4. A further buffer of seven (7) per cent shall apply beyond the figure published for the month of December 2014.
COST-OF-LIVING BONUS a) A triggered C.O.L.A. will be implemented if the inflation rate exceeds six (6) percent during each year that this contract is in effect. For each 0.4 increase in the Consumer Price Index for Canada (1992=100) beyond the six (6) percent figure, wages will be increased by $0.01.
COST-OF-LIVING BONUS. 31.01 A cost-of-living bonus where applicable shall be payable to the I.A.M. Pension Fund for each hour worked and for each hour which an employee is entitled to holiday pay pursuant to Article 22.00 hereof, but shall not be incorporated into or otherwise affect the hourly wage rates set out in Appendix 2 hereof, nor included for the computation of overtime pay. The said cost-of-living bonus shall be calculated and paid pursuant to Article 32.00 hereof.
COST-OF-LIVING BONUS. The employee shall be eligible for a cost of living wage adjustment on the following conditions:
COST-OF-LIVING BONUS. Salaries will be increased by $1.00 per week for each point or major portion thereof. A review for this purpose shall be made at six (6) months intervals (June and December) using the Stats Canada figure for the last month preceding the expiration date of the last Collective Agreement. The base cost of living index figures shall be the all Canada consumer figure, 1981=100. Payments shall be folded in the basic salaries at six months intervals.
COST-OF-LIVING BONUS. Effective December 3, 2005 through to and including Xxxxxxxx 0, 0000 Xxxx-xx-xxxxxx bonus is frozen Accrual stops Effective December 4, 2006 Cost-of-living bonus is re-instated Accrual starts
COST-OF-LIVING BONUS. 25.01 A Cost of Living Bonus shall be determined on the basis of the Consumer Price Index using 1961+100. A Cost of Living Bonus of one cent ($.01) per hour increase or decrease for each 1.0 point increase or decrease in the “Index” will be paid to all employees covered by this Agreement. These adjustments will be made in a like manner quarterly on all hours worked. The Statistics Canada Consumer Price Index released May 18, 1990, 494.2 (April CPI) will be the starting index for the quarterly adjustment. The Cost of Living Bonus will be paid on the first pay after the quarterly calculation. Notwithstanding the above, no COLA bonus will be paid until such time as the COLA exceeds 28¢ per hour per employee based on the formula and calculations stated in Article 25.01.
COST-OF-LIVING BONUS. The parties hereby agree that effective as of May 1, 2002 the operation, application, administration and/or interpretation of Article 25 is hereby suspended and shall remain suspended for so long as the Collective Agreement commencing May 1, 2008 remains in effect unless and until the parties execute a written Memorandum of Agreement expressly signifying that the suspension has been lifted and that the operation, application, administration and/or interpretation of Article 25.02 has been reinstated. The parties further agree that there shall be no grievance or arbitration of any issue with respect to the operation, application, administration and/or interpretation of Article 25 so long as the suspension of the operation, application, administration and/or interpretation of Article 25 remain in effect. Dated at Brantford this day of , 2008. For the Company: For the Union Xxxxx XxXxxxxx Xxxxx Xxxxxxxxx Between: LETTER OF UNDERSTANDING STOREIMAGE PROGRAMS INC., - and - UNITED STEEL, PAPER, and FORESTRY, RUBBER MANUFACTURING, ENERGY, ALLIED INDUSTRIAL and SERVICE WORKERS INTERNATIONAL UNION LOCAL 16506-44 RE: STUDENTS The Union and the Company are agreed that it is to their mutual benefit for the Company to attract skilled workers in order to remain competitive and capable of providing high quality products to its customers in an efficient manner. To this end, the Union and the Company agree that it is in their mutual long term interests to maintain an effective co-op student program to help the Company attract such skilled employees. However, the Union and the Company also agree that its existing skilled personnel are a valuable resource to the Company who deserve greater job protection than co-op students. The Union and the Company therefore agree that in order to provide job security for its existing personnel, the Company will ensure that it will not use a co-op to perform bargaining unity work in a classification when there is a qualified Union employee off work as a result of lay-off who has previously held the classification. Accordingly, the Company agrees that it will apply Article 13 in a manner that is consistent with this Letter of Understanding. Dated at Brantford this day of , 2008. For the Company: For the Union Xxxxx XxXxxxxx Xxxxx Xxxxxxxxx Between: LETTER OF INTENT STOREIMAGE PROGRAMS INC., - and - UNITED STEEL, PAPER, and FORESTRY, RUBBER MANUFACTURING, ENERGY, ALLIED INDUSTRIAL and SERVICE WORKERS INTERNATIONAL UNION LOCAL 16506-44 The Unio...
COST-OF-LIVING BONUS. During the term of this Agreement, a cost of living payment, if applicable, shall be paid annually between December 1 and December 20 of each year. Such payments shall be based on the official Consumer Price Index for Urban Wage Earners and Clerical Workers-United States City Average-“all items”, published by the Bureau of Labor Statistics, U.S. Department of Labor (1982=100), hereinafter referred to as the Index. During the term of this Agreement, the annual payment shall be based upon changes in the September Index for that year as compared to the September Index of the previous year, and computed at one (l) cent per hour for each .3 increase in such Index; provided that such payment shall not exceed twenty (20) cents per hour for each permanent employee based on a total of two thousand eighty 2,080 hours per year (maximum payment of $416.00). The payment for part- time permanent employees shall be prorated on the above maximum based upon the number of hours worked during the year by the part-time permanent employee. In WITNESS WHEREOF, the parties have executed this Agreement: MUSKEGON COUNTY BOARD MICHIGAN NURSES ASSOCIATION OF COMMISSIONERS Xxxxx Xxxxxx Date Xxxxxxx Xxxxxx Date Chairperson Labor Relations Representative Xxxxx X. Xxxxxx Date Xxxxxxx Xxxxx, RN Date Muskegon County Clerk
