Common use of General Pay Increases Clause in Contracts

General Pay Increases. (a) Effective 2021 January 01, all hourly rates of pay which were in effect on 2020 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2022 January 01, all hourly rates of pay which were in effect on 2021 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent.

General Pay Increases. ‌ (a) Effective 2021 January 01, all hourly rates of pay which were in effect on 2020 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2022 January 01, all hourly rates of pay which were in effect on 2021 December 31 shall be increased by two percent (2.0%). The new hourly rates shall be rounded to the nearest whole cent.

General Pay Increases. ‌ (a) Effective 2021 2023 January 01, all hourly rates of pay which were in effect on 2020 2022 December 31 shall be increased by two percent four point five (2.04.5%). The new hourly rates shall be rounded to the nearest whole cent. (b) Effective 2022 2024 January 01, all hourly rates of pay which were in effect on 2021 2023 December 31 shall be increased by two four percent (2.04.0%). The new hourly rates shall be rounded to the nearest whole cent. (c) Retroactive payments arising from (a) will be made as soon as possible following the date of ratification of this Memorandum of Agreement.