OF LIVING Sample Clauses

OF LIVING. The current float of (two dollars and twelve cents) will be frozen for the duration of the collective agreement. COLA year frozen per hour worked COLA year cap COLA year cap COLA will be fully activated in year In addition to the wage rates of each employee and subject to the conditions set forth below, a Cost of Living Allowance shall be paid to each employee upon hours worked or upon Grievance, Negotiating and Safety Committee meetings attended with the Company, in the week following the publication of changes in the Consumer Price Index as now published by Statistics Canada and hereinafter referred to as (1 equal 100). Adjustments in the Cost Of Living Allowance shall be made on a quarterly basis, using the for January (published in April 2009) as the base figure. First Monday in June based upon the January and April for First Monday in September based upon the January and July for First Monday in December based upon the January and October for First Monday in March based upon the January and January for Cap for the above schedule First Monday in June based upon the January and April for First Monday in September based upon the January and July for First Monday in December based upon the January and for First Monday in March based upon the January and January for Cap for the above schedule First Monday in June based upon the January and April for First Monday in September based upon the January and July for First Monday in December based upon the January and October for First Monday in March based upon the January and January for Fully activated for the above schedule with no Cap The amount of the Cost of Living adjustment which shall be effective for any three (3) month quarterly period shall be one cent ($0.01) per hour for each zero point three zero (0.30) increase or decrease in the The Cost of Living Allowance will not be used in calculating overtime pay or statutory holiday pay. No adjustment retroactive or otherwise shall be made due to any revisions which may later be made in any publications, Statistics Canada
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OF LIVING. Allowance
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OF LIVING. It understood that at the end of each year a verification of the Consumer Price Index will be done. Should the index increase by more than five (5%) percent, the parties will meet to discuss the situation.
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OF LIVING. It is agreed that at the end of each year, a verification of the cost of living will be made by the parties. If the cost of living exceeds five percent the parties will meet to discuss the situation. ARTICLE
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