Common use of Equity Adjustment Clause in Contracts

Equity Adjustment. Effective the first full pay period in July 2018, or in the first full pay period following ratification and approval, whichever is later, the rate of pay for all classes and employees shall be increased by 1.5%. Effective the first full pay period in July 2019, the rate of pay for all classes and employees shall be increased by 1%. Effective the first full pay period in July 2020, the rate of pay for all classes and employees shall be increased by 1%.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement