Cost of Living Adjustments (COLAs Sample Clauses

Cost of Living Adjustments (COLAs. 1. Effective the first full pay period of January 2016, employees shall receive a COLA equivalent to the CPI-U (All Urban Consumers for U.S. City Average) for the period of December 1, 2014, through November 30, 2015. In no event shall the COLA be less than 1.5% or greater than 6.0%.
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Cost of Living Adjustments (COLAs. All eligible members who were hired prior to July 1, 2012 and who retire and begin receiving a pension shall receive a three (3%) compounded cost of living adjustment (COLA) upon all annual pension benefit amounts received. All eligible members who were hired on or after July 1, 2012 and who retire and begin receiving a pension shall receive a cost of living adjustment (COLA) each January 1 upon all annual pension benefit amounts received, which COLA shall be equivalent to the lesser of:
Cost of Living Adjustments (COLAs. If requested by the Subrecipient, the Subaward (hourly, daily, monthly, etc.) amount may at the sole discretion of the County, be increased annually based on the most recent published percentage change in the U.S. Department of Labor, Bureau of Labor StatisticsConsumer Price Index for Urban Consumers (CPI-U) for the Los Angeles-Long Beach- Anaheim Area for the twelve (12) month period preceding the Subaward anniversary date, which will be the effective date for any Cost of Living Adjustment (COLA). However, any increase must not exceed the general salary movement granted to County employees as determined by the Chief Executive Officer as of July 1 for the prior twelve (12) month period. Furthermore, should fiscal circumstances ultimately prevent the Board from approving any increase in County employee salaries, no COLA will be granted. Where the County decides to grant a COLA pursuant to this paragraph for living wage Subawards, it may, in its sole discretion exclude the cost of labor (including the cost of wages and benefits paid to employees providing services under this Subaward) from the base upon which a COLA is calculated, unless the Subrecipient can show that his/her labor cost will actually increase. Further, before any COLA increase takes effect and becomes part of this Subaward, it will require a written amendment to this Subaward first, that has been formally approved and executed by the parties.
Cost of Living Adjustments (COLAs. All eligible members who retire and begin receiving a pension shall receive a three (3%) compounded cost of living adjustment (COLA) upon all annual pension benefit amounts received.
Cost of Living Adjustments (COLAs. The Association acknowledges the importance of pay equity for all faculty. WEIA/HB 2158 salary increases for faculty teaching in select high-demand programs align the salaries of those faculty closer to their industry peers. This is important for faculty recruitment, retention, and program success in those areas. The Association frames the following options as to how we use COLAs to address our new faculty salary landscape. When faculty COLAs are approved by the Legislature, the Association will approve one of the following COLA payment options:
Cost of Living Adjustments (COLAs. 1. Effective the first full pay period of January 2021, employees shall receive a COLA of 2.0%.
Cost of Living Adjustments (COLAs. The Legislature may provide funds in recognition of increases to the Cost of Living and may also designate how such funds are to be distributed. For the purposes of this Agreement, the parties agree that any COLA increases shall, to the extent allowed by Legislative intent, be distributed as an across the board increase for all full-time faculty covered by the Agreement. COLA increases equal to those provided to state funded positions will be provided to faculty salary increases regardless of the funding source.
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Cost of Living Adjustments (COLAs. The wage rates on the wage schedule shall be increased each year of the contract on September 1 by the terms of the agreement or at least the rate of the yearly increase in the inflationary adjustment index used by the Washington State Legislature in the Apportionment Act each school years (currently understood as the implicit price deflator or IPD).
Cost of Living Adjustments (COLAs a) Effective January 1, 2023 Effective January 1, 2023, employees shall receive a cost-of-living adjustment equal to 7%
Cost of Living Adjustments (COLAs. If requested by the CONTRACTOR, the Agreement’s Operations and Maintenance Fees amount may, at the sole discretion of the COUNTY, be increased annually based on the most recently published percentage change in the U.S. Department of Labor, Bureau of Labor StatisticsConsumer Price Index (CPI) for the Los Angeles-Riverside-Orange County Area for the 12-month period preceding the Agreement anniversary date, which shall be the effective date for any Cost of Living Adjustment (COLA). However, any increase shall not exceed the general salary movement granted to County employees as determined by the Chief Executive Officer as of each July 1 for the prior 12-month period. Furthermore, should fiscal circumstances ultimately prevent the Board from approving any increase in County employee salaries, no COLA will be granted. Further, before any COLA increase shall take effect and become part of this Agreement, it shall require a written amendment to this Agreement in accordance with Paragraph 8.0 (Change Notices and Amendments).
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