Section 17.1.1. 31 IPD (Implicit Price Deflator) is used each year, when funded by the State, to adjust the wages in 32 the schedule above according to the process below: 33 1. The cell at ‘Pay Level 3’ and ‘4 Years’ is used to determine the amount applied to all cells. 34 2. ‘Pay Level 3 – 4 Years’ is multiplied by the IPD and this value is rounded up to the nearest 35 $0.05 value. 36 3. The new, rounded value is applied to all cells. 37 38 Section 17.2.
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Sources: Collective Bargaining Agreement
Section 17.1.1. 31 IPD (Implicit Price Deflator) is used each year, when funded by the State, to adjust the wages in 32 the schedule above according to the process below:
33 1. The cell at ‘Pay Level 3’ and ‘4 Years’ is used to determine the amount applied to all cells.
34 2. ‘Pay Level 3 – 4 Years’ is multiplied by the IPD and this value is rounded up to the nearest 35 $0.05 value.
36 3. The new, rounded value is applied to all cells. 37 38 Section 17.2.37
Appears in 1 contract
Sources: Collective Bargaining Agreement