Common use of Cost of Living Clause in Contracts

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 and every August 1, thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 (published June 202419) and every May thereafter, and the base Index for May 202318 (published June 202318) and every May thereafter, as follows: For every two tenths (0.2) point increase in the Index, over and above the base (prior year's) Index plus three percent (3.00%) there will be a one (1) cent increase in the hourly wage rates payable on August 1, 202419 and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's decision shall be final and binding.

Appears in 4 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

AutoNDA by SimpleDocs

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2009 14 and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 2009 14 (published June 2024192009 14) and every May thereafter, and the base Index for May 202318 2008 13 (published June 2023182008 13) and every May thereafter, as follows: For every two tenths (0.2) point increase in the Index, over and above the base (prior year's) Index plus three percent (3.003.0%) there will be a one (1) cent increase in the hourly wage rates payable on August 1, 202419 2009 14 and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's decision shall be final and binding.one

Appears in 2 contracts

Samples: United Parcel Service Agreement, United Parcel Service Agreement

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule Cost-Of-Living adjustments shall be covered by the provisions of a cost-of-living allowancedeter- minted, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression on the effective date of a COLA increaseprovided below, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer U.S. Consumer’s Price Index for Urban Wage Earners and Clerical Workersfor all cities, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 100), as published by the Bureau Department of Labor Statistics, U.S. Department of Labor" and referred (1967=100). No retroactive adjustments shall be made due to herein as revisions in Index figures for any pay period for which the "Index"allowance has been paid. Effective August 1, 2019 2024 and every August 1, thereafter during The Cost-Of-Living adjustment payable at any time shall be in addition to the life wage rate payable under the terms of the AgreementContract and no reduction shall, a costat any time, be made below said rate. The Cost-ofOf-living allowance will Living shall not be calculated on the basis of the difference between the Index for May 202419 (published June 202419) and every May thereafter, and the base Index for May 202318 (published June 202318) and every May thereafter, as follows: For every two tenths (0.2) point increase in the Index, over and above the base (prior year's) Index plus three percent (3.00%) there will be a one (1) cent increase in the hourly wage rates payable on August 1, 202419 and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline rates in the Agreement. In addition to the general wage rates set forth under Section 6, the following Cost-Of- Living formulas shall apply: The Employers guarantee a minimum and maximum of fifteen cents (15c) per hour annual Cost-Of-Living increase during the second (2nd) and third (3rd) year of the Agreement. Using the August, 1977, All Items — U.S. Consumer Price Index (1967=100) as a base, adjust hourly rates of pay, effective April 30, 1978, by one cent (lc) for each full .4 points that the February, 1978, Index exceeds the Index of August, 1977. Adjust hourly rates of pay, effective November 5,1978, by one cent (lc) for each full .4 points that the August, 1978, Index exceeds the Index of February, 1978. The first (1st) fifteen cents (15c) per hour guarantee shall apply at this time. Adjust hourly rates of pay, effective April 29, 1979, by one cent (lc) for each full .4 points that the February, 1979, Index exceeds the Index of August, 1978. Adjust hourly rates of pay, effective November 4, 1979, by one cent (lc) for each full .4 points that the August, 1979, Index exceeds the Index of February, 1979. The second (2nd) fifteen cents (15c) per hour guarantee shall apply at this time. All wrapper employees in classifications below that of Thereafter, shall receive a Cost-Of-Living adjustment on the dates provided in the following percentage of the Thereafter Cost-Of-Living increase rounded to the nearest one-quarter (V«) xxxxx: Fourth (4th) third (3rd) months wrapper, 87%; Third (3rd) Third (3rd) months wrapper, 82%; Second (2nd) third (3rd) months wrapper, 76%; First (1st) third (3rd) months wrapper, 66%. Wrapper employees as covered by this Agreement shall not result be permitted to cut or grind fresh meat, and in the reduc- tion operation of classification base the market, the ratio of wrapper employees to meat cutter employees shall not exceed one (1) to one (1). Any wrapper employee discharged for any cause (except dishonesty) if replaced, shall only be replaced by a wrapper employee in the same or higher wage ratesbracket, if experienced help is available when needed. Mileage paid Wrappers desirous of promotion to Apprentice Meat Cutters status shall make their desires known to the Company, in writing, and such employees will receive cost-of-living allowances shall be given first consideration for such vacancies. Selection to fill the vacancies shall be made on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to Company seniority within the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date geographical jurisdiction of the cost-of-living adjustmentLocal Union, ability and qualifications being relatively equal. A wrapper commencing the Apprenticeship Program shall have a ninety (90) day trial period. Said trial period shall not jeopardize the employee’s former classification or seniority. There shall be no reduction in pay to any wrapper as a result of entering the Apprenticeship Program; i.e., the cost-of-living adjustment that is required will be made Wrapper rate of pay shall apply until such time as the Apprentice rate exceeds the wrapper rate, at which time the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index Apprentice rate shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's decision shall be final and bindingapply.

Appears in 1 contract

Samples: core.ac.uk

Cost of Living. (COLA) All seniority employees Employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), . All Items (1982-84 = 10084=100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 201409, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 201409 (published June 202419201409) and every May thereafter, and the base Index for May 202318 201308 (published June 202318201308) and every May thereafter, as follows: For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2009, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classificationsclassification. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees Employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one 1 (1$.01) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-of- living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. TENTATIVE In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.. AGREEMENT

Appears in 1 contract

Samples: Agreement

Cost of Living. (COLA) All seniority employees Employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), . All Items (1982-84 = 10084=100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2024, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 2024 (published June 2024192024) and every May thereafter, and the base Index for May 202318 2023 (published June 2023182023) and every May thereafter, as follows: For every two tenths (0.2) point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will be a one 1 cent (1$0.01) cent increase in the hourly wage rates payable on August 1, 202419 2024, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.050.05) in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classificationsclassification. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees Employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one 1 cent (1$0.01) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule subject to this Agreement shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedulesArticle. The amount of the cost-of-living allowance shall be determined and redetermined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns)U.S., All Items (1982-84 1984 = 100) (CPI-W (1982-1984 = 100)), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 and every August 1, thereafter during the life of the Agreement, a ." The cost-of-living allowance will be calculated shall only become effective if the annual increase in the CPI-W exceeds three (3.0%) percent. The cost-of-living allowance, if any, shall become effective on the basis of June 1, 2010, based upon the difference between the Index for May 202419 (published June 202419) and every May thereafterof January, 2009 and the base Index for May 202318 January, 2010 (published June 202318) and every May thereafterPublished February, 2010). The Base Index Figure shall be the figure for January, 2009 (Published February, 2009). The cost-of-living increase shall be calculated as follows: For every two tenths .1 point increase in excess of one hundred three percent (0.2103%) of the Base Index of January 2009, there shall be a one cent ($.01) per hour; .50 xxxxx per loaded mile; .25 xxxxx per running mile; .1% flat or zone rate increase in the wage rates for all employees and classifications. For each additional .1 point increase in the Index, over and above the base Index there is an additional one cent (prior year's$.01) Index plus three percent (3.00%) there will be a one (1) cent per hour; .50 xxxxx per loaded mile; .25 xxxxx per running mile; .1% flat or zone rate increase in the hourly all wage rates payable on August 1, 202419 and every August 1 thereafterrates. These increases shall only be payable if they equal five cents ($.05) in a year. All The cost-of-living allowances paid under increase, if any, shall be applied to the hourly, mileage and flat (zone) rates except where specifically provided otherwise in the Supplemental Agreement. The "frozen rate" will be increased on the same basis as the "loaded mile." Driveaway employees covered by the driveaway part of the Central-Southern Areas, Eastern Area and Western Area Supplements shall receive cost-of-living adjustments on the same basis as all other employees covered by this National Master Agreement. For the duration of this Agreement will only, any cost-of-living allowance, allocated to hourly, mileage and flat (zone) wage increases, shall become and remain a fixed part of the base wage rate for all job classificationsclassifications on the effective date of each cost-of-living allowance. A decline in the Index shall not result in the reduc- tion a reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the IndexIndex and will be made retroactive to the effective date. In the event the Bureau of Labor Statistics should revise or correct an applicable Index figure, any adjustment that may be required in the cost-of-living allowance shall be effective at the beginning of the first (1st) pay period after receipt of the revised or corrected Index figure and no retroactive adjustments will be made. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree in such negotiations within sixty (60) days, thereafter, the issue of an appropriate substitute each party shall be submitted permitted all lawful economic recourse to an arbitrator for determinationsupport its request. The arbitrator's decision parties agree that the notice provision provided herein shall be final and bindingaccepted by all parties as compliance with notice requirements of applicable law, so as to permit economic action at the expiration thereof.

Appears in 1 contract

Samples: National Master Automobile Transporters Agreement

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule regular employees, subject to this Agreement, shall be covered by the provisions of a cost-of-living allowance, allowance as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedulesArticle. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W W, (Revised Series using Using 1982-1984 84 Expenditure Patterns), All Items (1982-84 = 10084=100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August Cost-of-living allowances shall be effective on April 1, 2019 2024 and every August 1999, April 1, thereafter during 2000, April 1, 2001 and April 1, 2002. The April 1, 1999, adjustment shall be calculated by the life of difference between the AgreementJanuary, a 1998, Index and the January, 1999, Index. The April 1, 2000, adjustment shall be calculated by the difference between the January, 1999, Index and the January, 2000, Index. The April 1, 2001, adjustment shall be calculated by the difference between the January, 2000, Index and the January, 2001, Index. The April 1, 2002, adjustment shall be calculated by the difference between the January, 2001, Index and the January, 2002, Index. The cost-of-living allowance will increases shall be calculated on the basis of the difference between the Index for May 202419 (published June 202419) and every May thereafter, and the base Index for May 202318 (published June 202318) and every May thereafter, as follows: For every two tenths (0.2) point .2 increase in the Index, over and above the base (prior year's) Index plus three percent (3.00%) there will shall be a one cent (11(cent)) cent per hour or .25 millx xxx mile increase in the wage rates. However, the parties agree, that in no event, will the hourly wage rates and mileage cost-of-living increases payable on August 1, 202419 and every August 1 thereafter. These increases shall only be payable if they equal lower than thirty-five cents ($.0535 (cents)) in a yearper hour or .875 cents per mile on April 1, 1999; thirty-five cents (35 (cents)) per hour or .875 cents per mile on April 1, 2000; thirty-five cents (35 (cents)) per hour or .875 cent per mile on April 1, 2001; thirty-five cents (35 (cents)) per hour or .875 cent per mile on April 1, 2002; and the parties further agree that the maximum hourly and mileage cost-of-living increases payable be thirty-five cents (35 (cents)) per hour or .875 cents per mile on April 1, 1999; thirty- five cents (35 (cents)) per hour or .875 cents per mile on April 1, 2000; thirty-five cents (35 (cents)) per hour or .875 cent per mile on April 1, 2001; thirty-five cents (35 (cents)) per hour or .875 cent per mile on April 1, 2002. All For the duration of this Agreement only, all cost-of-living allowances paid under this Agreement will shall become and remain a fixed part of the base wage rate for all job classificationsclassifications on the effective date of each cost-of-living allowance. A decline in the Index shall not result in the reduc- tion a reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the IndexIndex and will be made retroactive to the effective date. In the event the Bureau of Labor Statistics should revise or correct an applicable Index figure, any adjustment that may be required in the cost-of-living adjustment shall be effective at the beginning of the first (1st) pay period after receipt of the revised or corrected Index figure and no retroactive adjustments will be made. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree in such negotiations within sixty (60) days, thereafter, the issue of an appropriate substitute each party shall be submitted permitted all lawful economic recourse to an arbitrator for determinationsupport its request. The arbitrator's decision parties agree that the notice provision provided herein shall be final and bindingaccepted by all parties as compliance with the notice requirements of applicable law, so as to permit economic action at the expiration thereof.

Appears in 1 contract

Samples: Master Freight Agreement (Arkansas Best Corp /De/)

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-cost- of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 84= 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2003 2009, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 2003 2009 (published June 2024192003 2009) and every May thereafter, and the base Index for May 202318 2002 2008 (published June 2023182002 2008) and every May thereafter, as follows: For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2003 2009, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) 1 cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

Cost of Living. For the term of this Agreement, all classifications o f employees indicated in Appendix “ D” Wages (COLA) All seniority employees who have completed their appropriate wage progression schedule excluding Courtesy Clerks shall be covered by the provisions of o f a costCost-of-living Living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. below: The amount of o f the costCost-of-living Living allowance shall be determined and re-determined as provided below on the basis of o f the "“ revised Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 100), published by the Bureau of Labor StatisticsBLS, U.S. Department of Labor" o f Labor (1977=100) and referred to herein as the "Index". Effective August 1, 2019 2024 and every August 1, thereafter during the life of the Agreement, a costThe first Cost-of-living Living allowance will shall be calculated effective 11/14/82 based on the basis of the difference between the Index for May 202419 (published June 202419) figure o f March 1982 and every May thereafterthe Index figure o f September, 1982. The second Cost-of-Living allowance shall be effective 5/15/83 based on the difference between the Index figures o f September 1982, and the base Index figure of March, 1983. The third Cost-of-Living allowance shall be effective 11/13/83 based on the difference between the Index figure o f March, 1983 v and the Index figure of Sejttember, 1983. The basis o f 'adjustment shall be one cent (1/) per hour allowance for May 202318 (published June 202318) and every May thereafter, as follows: For every two four-tenths (0.2.4) point increase in the Index during the above stated reviews. The Index, over and above in effect, as o f the base (prior year'send o f the designated month(s) Index plus three percent (3.00%) there will be a one (1) cent increase in the hourly wage rates payable on August 1Index used to compute Cost o f Living increase, 202419 and every August 1 thereafterif any. These increases shall only be payable if they equal five cents ($.05) in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of It is further understood that the base actual wage rate for part-time employees shall not be adjusted to reflect any increases resulting from this provision. APPENDIX “ D” WAGE SCHEDULE AREA I Stores in Xxxxxx, Clayton, Cobb, DeKalb, Fayette, Gwinnett, Douglas, Henry, Xxxxxx, and Rockdale Counties. Eff. Eff. Eff. Eff. 5-17-81 5-16-82 5-15-83 1-22-84 Classification: Front End Manager Average W eekly Store V olu m e o f Under $80,000 $9.70 $10.00 $10.20 $10.35 $80,001 and Over Assistant Manager Average W eekly Store Sales 10.63 10.93 11.13 11.28 V olu m e o f Under $15,000 10.18 10.48 10.68 10.83 $15,001 to $25,000 10.30 10.60 10.80 10.95 $25,001 to $35,000 10.36 10.66 10.86 11.01 $35,001 to $50,000 10.41 10.71 10.91 11.06 $50,001 to $80,000 10.66 10.96 11.16 11.31 $80,001 & Over Head Produce Clerk Average W eekly Store Sales 10.91 11.21 11.41 11.56 V olu m e o f Under $15,000 10.28 10.58 10.78 10.93 $15,001 to $25,000 10.41 10.71 10.91 11.06 $25,001 to $35,000 10.47 10.77 10.97 11.12 $35,001 to $50,000 10.53 10.83 11.03 11.18 $50,001 to $80,000 10.77 11.07 11.27 11.42 $ 80,000 & Over 11.02 11.32 11.52 11.67 Checkers/Stock Clerks Start 7.17 7.47 7.67 7.82 A fter 6 Months 7.40 7.70 7.90 8.05 A fter 12 Months 7.77 8.07 8.27 8.42 A fter 18 Months 8.06 8.36 8.56 8.71 A fter 24 Months 8.49 8.79 8.99 9.14 A fter 30 Months 9.41 9.71 9.91 10.06 Stores in Xxxxxx, Clayton, Cobb, DeKalb, Xxxxxxx, Xxxxx, Xxxxxx and Rockdale Counties. Applicable to employees hired after June 18, 1978. Gwinnett, Xxxxxxx, Checker/Xxxxxxx Start $5.91 $6.21 $6.41 $6.56 A f ter 6 Months 6.41 6.71 6.91 7.06 A fter 12 Months 6.86 7.16 7.36 7.51 A fter 18 Months 7.51 7.81 8.01 8.16 A fter 24 Months 8.11 8.41 8.61 8.76 A fter 30 Months 9.41 9.71 9.91 10.06 Part-Time Clerks First 6 Months 5.01 Second 6 Months 5.26 Courtesy Clerks 3.85 APPENDIX “ D” WAGE SCHEDULE AREA II Stores in all job classificationscounties excluding those in Area I. Classification: Eff. 5-17-81 Eff. 5-16-82 Eff. 5-15-83 Eff. 1-22-84 Front End Manager Average W eekly Store V olum e o f Under $80,000 $80,001 and Over $9.55 10.48 $9.85 10.78 $10.05 10.98 $10.20 11.13 Assistant Manager Average W eekly Store Sales V olu m e o f Under $15,000 10.03 10.33 10.53 10.68 $15,001 to $25,000 10.15 10.45 10.65 10.80 $25,001 to $35,000 10.21 10.51 10.71 10.86 $35,001 to $50,000 10.26 10.56 10.76 10.91 $50,001 to $80,000 10.51 10.81 11.01 11.16 $80,001 & Over 10.76 11.06 11.26 11.41 Head Produce Clerk Average W eekly Store Sales Volum e o f Under $15,000 10.13 10.43 10.63 10.78 $15,001 to $25,000 10.26 10.56 10.76 10.91 $25,001 to $35,000 10.32 10.62 10.82 10.97 $35,001 to $50,000 10.38 10.68 10.88 11.03 $50,001 to $80,000 10.62 10.92 11.12 11.27 $80,001 & Over 10.87 11.17 11.37 11.52 Checker/Stock Clerks Start 7.02 7.32 7.52 7.67 A decline fter 6 Months 7.25 7.55 7.75 7.90 A fter 12 Months 7.62 7.92 8.12 8.27 A fter 18 Months 7.91 8.21 8.41 8.56 A fter 24 Months 8.34 8.64 8.84 8.99 A fter 30 Months 9.26 9.56 9.76 9.91 Stores in all counties excluding those in Area 1 Applicable to employees hired after June 18, 1978 and prior to July 26,1981. Eff. Eff. Eff. Eff. 5-17-81 5-16-82 5-15-83 1-22-84 Checker/Xxxxxxx Start 5.76 6.06 6.26 6.41 A fter 6 Months 6.26 6.56 6.76 6.91 A fter 12 Months 6.71 7.01 7.21 7.36 A fter 18 Months 7.36 7.66 7.86 8.01 A fter 24 Months 7.96 8.26 8.46 8.61 A fter 30 Months 9.26 9.56 9.76 9.91 Part-Time Clerks First 6 Months 4.86 Second 6 Months 5.11 Courtesy Clerks 3.80 APPENDIX “ D” WAGE SCHEDULE AREA I AND AREA II Eff. 5-17-81 Eff. 5-16-82 Eff. 5-15-83 $5.25 $5.25 $5.25 \ 5.50 5.50 5.50 \ 5.75 5.75 5.75 6.00 6.00 6.00 6.25 6.40 6.55 6.50 6.65 10.06 Area I 9.91 Area II / Employees in the Index shall not result in the reduc- tion of classification base wage ratesfollowing classifications hired after July 26, 1981. Mileage paid employees will receive costCheckers/Stock Clerks Start A fter 6 Months A fter 12 Months A fter 18 Months A fter 24 Months A fte r 30 Months / Part-of-living allowances on the basis of .25 xxxxx per mile for each one (1) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's decision shall be final and binding.Time Clerks / Start 4.00 / A fter 6 Months 4.25 Courtesy Clerks 3.80 Tier

Appears in 1 contract

Samples: ecommons.cornell.edu

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W CPI -W (Revised Series using 1982-1982- 1984 Expenditure Patterns), . All Items items (1982-84 = 10084=100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2003, and every August 1, 1 thereafter during the life of the Agreementagreement, a cost-of-of- living allowance will be calculated on the basis of the difference between the Index for May 202419 2003 (published June 2024192003) and every May thereafter, and the base Index for May 202318 2002 (published June 2023182002) and every May thereafter, as follows: For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2003, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement agreement will become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees will receive cost-of-living allowances on the basis of .25 0.25 xxxxx per mile for each one (1) 1 cent increase in hourly wages, subject to the threshold set forth above. The Central Conference package driver wage and benefit contribution rates shall be summed and referred to as the “Compensation Rate”. The annual percentage increase in the Compensation Rate, resulting from negotiated wage and benefit incr eases, shall be referred to as the “Compensation Rate Percentage”. Cost of living allowances shall be effective on April 1, 2001 and April 1, 2002. The April 1, 2001 adjustment shall be calculated by the difference between the January, 2000, Index and the January, 2001, Index. The April 1, 2002 adjustment shall be calculated by the difference between the January, 2001, Index and the January, 2002, Index. The cost of living allowances shall be calculated as follows: For every 3.4 increase in the Index, over and above the prior year’s Index increased by the Compensation Rate Percentage, there shall be a lump sum payment, in the month of April, of one hundred dollars ($100) for covered full-time employees and fifty dollars ($50) for part-time employees. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will be made at the beginning of the first (1st1 st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's decision shall be final and binding.

Appears in 1 contract

Samples: Parcel Service Agreement

Cost of Living. (COLA) All seniority employees Employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), . All Items (1982-84 = 10084=100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 201409, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will be calculated on the basis of the difference between the Index for May 202419 201409 (published June 202419201409) and every May thereafter, and the base Index for May 202318 201308 (published June 202318201308) and every May thereafter, as follows: TENTATIVE AGREEMENT For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2009, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will become and remain a fixed part of the base wage rate for all job classificationsclassification. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees Employees will receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one 1 (1$.01) cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-of- living adjustment that is required will be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees Employees, who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 84= 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2019, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will shall be calculated on the basis of the difference between the Index for May 202419 2019 (published June 2024192019) and every May thereafter, and the base Index for May 202318 2018 (published June 2023182018) and every May thereafter, as follows: For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will shall be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2019, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will shall become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees will shall receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) -cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-cost- of-living adjustment that is required will shall be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will shall meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Cost of Living. (COLA) All seniority employees who have completed their appropriate wage progression schedule shall be covered by the provisions of a cost-of-living allowance, as set forth in this Agreement. Employees Employees, who have not completed their appropriate wage pro- gression progression on the effective date of a COLA increase, shall receive the adjustment on a prospective basis on the date they complete their wage progression schedules. The amount of the cost-of-living allowance shall be determined as provided below on the basis of the "Consumer Price Index for Urban Wage Earners and Clerical Workers, CPI-W (Revised Series using 1982-1984 Expenditure Patterns), All Items (1982-84 = 84= 100), published by the Bureau of Labor Statistics, U.S. Department of Labor" and referred to herein as the "Index". Effective August 1, 2019 2024 2024, and every August 1, 1 thereafter during the life of the Agreement, a cost-of-living allowance will shall be calculated on the basis of the difference between the Index for May 202419 2024 19 (published June 2024192024 19) and every May thereafter, and the base Index for May 202318 2023 18 (published June 2023182023 18) and every May thereafter, as follows: For every two tenths (0.2) 0.2 point increase in the Index, over and above the base (prior year's’s) Index plus three percent (3.00%) 3.0% there will shall be a one (1) 1 cent increase in the hourly wage rates payable on August 1, 202419 2024 19, and every August 1 thereafter. These increases shall only be payable if they equal five cents ($.05) cents in a year. All cost-of-living allowances paid under this Agreement will shall become and remain a fixed part of the base wage rate for all job classifications. A decline in the Index shall not result in the reduc- tion reduction of classification base wage rates. Mileage paid employees will shall receive cost-of-living allowances on the basis of .25 xxxxx per mile for each one (1) -cent increase in hourly wages, subject to the threshold set forth above. In the event the appropriate Index figure is not issued before the effective date of the cost-of-living adjustment, the cost-of-living adjustment that is required will shall be made at the beginning of the first (1st) pay period after the receipt of the Index. In the event that the Index shall be revised or discontinued and in the event the Bureau of Labor Statistics, U.S. Department of Labor, does not issue information which would enable the Employer and the Union to know what the Index would have been had it not been revised or discontinued, then the Employer and the Union will shall meet, negotiate, and agree upon an appropriate substitute for the Index. Upon the failure of the parties to agree within sixty (60) days, thereafter, the issue of an appropriate substitute shall be submitted to an arbitrator for determination. The arbitrator's ’s decision shall be final and binding.

Appears in 1 contract

Samples: Local 705 Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.