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When did we get that 12 cent COLA raise?
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<blockquote data-quote="JonFrum" data-source="post: 845192" data-attributes="member: 18044"><p>2006, if I remember correctly.</p><p> </p><p>Will the Index rise over 3.5% or so???? That's the trigger.</p><p> </p><p>Negotiators intended the fine print of the Formula to be difficult to trigger so both sides could boast that the Agreement contains a COLA that protects you from Inflation. Even though the trigger would almost never actually be met.</p><p> </p><p>It's a way of selling the Contract and getting more "Yes" votes, with little or no cost to UPS.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 845192, member: 18044"] 2006, if I remember correctly. Will the Index rise over 3.5% or so???? That's the trigger. Negotiators intended the fine print of the Formula to be difficult to trigger so both sides could boast that the Agreement contains a COLA that protects you from Inflation. Even though the trigger would almost never actually be met. It's a way of selling the Contract and getting more "Yes" votes, with little or no cost to UPS. [/QUOTE]
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When did we get that 12 cent COLA raise?
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