COLA 4th Quarter

COLA
The CPI figure for October was released on November 17, 2017. As per the Collective Agreement the following calculation will apply.
October 2017 135.4
July 2017 133.9
Difference (1.50)
(Divide difference by .063) = ($0.23)
Effective with the first pay period after the release, COLA will be $0.41 per straight time hour worked as it was previously $0.18.