Common use of Cost of Living Clause in Contracts

Cost of Living. Employees covered by this Agreement shall receive Cost of Living Adjustments to the extent such adjustments become effective under and in accordance with all of the terms, conditions and limitations stated in this Section 6.4. Seniority employees will be eligible to receive COLA increases as defined below. This payment will be based on months of active service and prorated accordingly. COLA calculations will be cumulative from each six (6) month period to six (6) month period.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Cost of Living. 8 Employees covered by this Agreement shall receive Cost of Living Adjustments to the extent such 9 adjustments become effective under and in accordance with all of the terms, conditions and limitations 10 stated in this Section 6.4. 11 12 Seniority employees will be eligible to receive COLA increases as defined below. This payment will be 13 based on months of active service and prorated accordingly. COLA calculations will be cumulative 14 from each six (6) month period to six (6) month period.. 15

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Cost of Living. 23 Employees covered by this Agreement shall receive Cost of Living Adjustments to the extent such 24 adjustments become effective under and in accordance with all of the terms, conditions and limitations 25 stated in this Section 6.4. 26 27 Seniority employees will be eligible to receive COLA increases as defined below. This payment will be 28 based on months of active service and prorated accordingly. COLA calculations will be cumulative 29 from each six (6) month period to six (6) month period.. 30

Appears in 1 contract

Samples: Collective Bargaining Agreement

Cost of Living. 26 Employees covered by this Agreement shall receive Cost of Living Adjustments to the extent such 27 adjustments become effective under and in accordance with all of the terms, conditions and limitations 28 stated in this Section 6.4. 29 30 Seniority employees will be eligible to receive COLA increases as defined below. This payment will be 31 based on months of active service and prorated accordingly. COLA calculations will be cumulative 32 from each six (6) month period to six (6) month period.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Cost of Living. 6 Employees covered by this Agreement shall receive Cost of Living Adjustments to the extent such 7 adjustments become effective under and in accordance with all of the terms, conditions and limitations 8 stated in this Section 6.4. 9 10 Seniority employees will be eligible to receive COLA increases as defined below. This payment will be 11 based on months of active service and prorated accordingly. COLA calculations will be cumulative 12 from each six (6) month period to six (6) month period.. 13

Appears in 1 contract

Samples: Collective Bargaining Agreement

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