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Why no COLA raise this year?
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<blockquote data-quote="JonFrum" data-source="post: 374930"><p>The Old Contract expired in its entirety on Dec. 19, 2007, and the New Contract became effective in its entirety on Dec. 19, 2007. </p><p></p><p>The IBT Constitution says that a Master Contract isn't ratified until each and every one of its Supplements is ratified. There were five Supplements that didn't pass the first time, so they had to be renegotiated and when UPS made better offers, they passed the second time. The last Supplement's votes were counted and declared ratified on Dec. 19, 2007 and with that the entire New Contract became fully effective.</p><p></p><p>The New Contract consists of all the unchanged language of the Old Contract, with the newly voted-on additions added, and the newly struck-out language deleted. The New Contract is the National Master and all the Supplements taken as a whole, covering one nation-wide bargaining unit. Locals 705 and 710 each have seperate contracts from the rest of us and from each other. They each constitute seperate bargaining units.</p><p></p><p>Certain clauses in the New Contract have specific dates that they kick-in, (like the timetable for the five year's worth of raises), but it is still accurate to say the entire New Contract had been in effect since Dec. 19, 2007.</p><p></p><p>There is no COLA formula in effect for August 1, 2008. If there was, most of us would be getting about a 15-cent cost-of-living raise, in addition to our 35-cent raise.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 374930"] The Old Contract expired in its entirety on Dec. 19, 2007, and the New Contract became effective in its entirety on Dec. 19, 2007. The IBT Constitution says that a Master Contract isn't ratified until each and every one of its Supplements is ratified. There were five Supplements that didn't pass the first time, so they had to be renegotiated and when UPS made better offers, they passed the second time. The last Supplement's votes were counted and declared ratified on Dec. 19, 2007 and with that the entire New Contract became fully effective. The New Contract consists of all the unchanged language of the Old Contract, with the newly voted-on additions added, and the newly struck-out language deleted. The New Contract is the National Master and all the Supplements taken as a whole, covering one nation-wide bargaining unit. Locals 705 and 710 each have seperate contracts from the rest of us and from each other. They each constitute seperate bargaining units. Certain clauses in the New Contract have specific dates that they kick-in, (like the timetable for the five year's worth of raises), but it is still accurate to say the entire New Contract had been in effect since Dec. 19, 2007. There is no COLA formula in effect for August 1, 2008. If there was, most of us would be getting about a 15-cent cost-of-living raise, in addition to our 35-cent raise. [/QUOTE]
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Why no COLA raise this year?
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