Cola

 

The CPI figure for July was released on August 17, 2018,  Per the Collective Agreement the following calculation will apply:

 

July 2018                                            138

April 2018                                          137.5

 

Difference                                           .5

(Divide difference by .063)  =           $0.07

 

Effective with the first pay period after the release, COLA will be $0.80 per straight time hour worked as it was previously $0.73.