Common use of Sliding Scale Clause in Contracts

Sliding Scale. Bargaining unit members shall be eligible to purchase Area 2 parking permits at a reduced cost according to a sliding scale based on base salary: Percentage of Area 2 Rate Base Salary 50% Up to $37,500 75% $37,501-$64,500 100% $64,501 and up Effective July 1, 2014, Area 2 parking fees for adjunct faculty shall be increased by $5 per semester to $25 per semester/term (fall, spring and summer). Thereafter, Area 2 parking fees for adjunct faculty shall not be increased until July 1, 2018. Commencing on July 1,2018 and at the beginning of each subsequent fiscal year thereafter, parking fees for adjunct faculty shall be increased by a factor equal to the annual percentage increase in base salary exclusive of merit rounded to the nearest whole dollar amount.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement