COLA

 

The CPI figure for January was released on February 23, 2018.  As per the Collective Agreement the following calculation will apply.

 

January 2018                                     136.4

October 2017                                     135.4

 

Difference                                           1.00

(Divide difference by .063)  =           $0.15

 

Effective with the first pay period after the release, COLA will be $0.56 per straight time hour worked as it was previously $0.41.