The CPI figure for April was released on August 15, 2023. Per the Collective Agreement, the following calculation will apply:
April 2023 160.4
July 2023 161.1
Difference .7
Divide difference by .063 = $0.11
Effective August 27, 2023, COLA will be $3.09 per straight-time hour worked, as it was previously $2.98.
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