Common use of Noting Clause in Contracts

Noting. 3.1. The economic hardship experienced by employees with the continuous increase to the basic cost of living; 3.2. The provisions of PSCBC Resolution 9 of 2001; PSCBC Resolution 1 of 2012 and PSCBC Resolution 1 of 2018 guaranteeing the payment of pay progression of a 1, 5% pensionable notch increment to all qualifying employees; 3.3. During the negotiations parties weight the economic needs of the present and the future, assessing competing priorities for national development to address economic growth; and 3.4. The employer has made funding available to ensure the payment of a non-pensionable cash gratuity and an increase in pensionable salaries where applicable in this agreement.

Appears in 1 contract

Sources: Cost of Living Adjustment Agreement

Noting. 3.1. The economic hardship experienced by employees with the continuous increase to the basic cost of living; 3.2. The provisions of PSCBC Resolution 9 of 2001; PSCBC Resolution 1 of 2012 and PSCBC Resolution 1 of 2018 guaranteeing regulating the payment of pay progression of a 1, 5% pensionable notch increment to all qualifying employees; 3.3. During the negotiations parties weight weighed the economic needs of the present and the future, assessing competing priorities for national development to address economic growth; and 3.4. The employer has made funding available to ensure the payment of a non-non- pensionable cash gratuity allowance and an increase in pensionable salaries where applicable in this agreement.

Appears in 1 contract

Sources: Salary Adjustment Agreement