(a)    The wage rates in effect at the expiration of the previous Contract and as set forth below will remain in effect except as provided in the subsequent paragraphs.

2007
There will be a 3% salary increase for J-1 and JPW employees, as well as a one time $300.00 cash lump payment for each employee in the bargaining unit as of November 1, 2007. Payments will be made within thirty (30) days of Regent’s approval of this agreement.

2008
There will be a 3% salary increase for J-1 and JPW employees in the bargaining unit as of November 1, 2008.

2009
There will be a 2% salary increase for J-1 and JPW employees in the bargaining unit as of November 1, 2009.

(b)    2008
A payment of  0  to 1000.00  for each employee in the bargaining unit as of October 1, 2008. Employees with less than one full year of service will receive a pro-rated payment based on the number of completed calendar months in the year being measured. Payment will be made on October 31, 2008 in accordance with the following:

2009
A payment of 0 to 1000.00 for each employee in the bargaining unit as of October 1, 2009. Employees with less than one full year of service will receive a pro-rated payment based on the number of completed calendar months in the year being measured.  Payment will be made on October 31, 2009 in accordance with the following:

2010
A payment of 0 to 1000.00 for each employee in the bargaining unit as of October 1, 2010. Employees with less than one full year of service will receive a pro-rated payment based on the number of completed calendar months in the year being measured. Payment will be made on October 31, 2010 in accordance with the following:

(c)    The second shift premium will be $.35 per hour and the third shift premium will be $.48 per hour.

(d)    In computing dates for automatic progression in wage rates, the date of indenture shall be used for Apprentice J-1 and the hire data used for other classifications.

(e)    Employees covered by this Contract, receiving hourly rates higher than the minimum rates provided in this Contract, shall receive the increase negotiated.  Such higher hourly rates shall be continued during the term of this Agreement unless reduced or removed by the Employer for just cause.  Any dispute over what constitutes “just cause” shall be subject to the grievance and arbitration provisions of Section 3.  herein; provided, however, it shall be optional with the Employer to grant or withhold any increase effective at any subsequent date unless withholding of the increase would result in a rate less than minimum.

(f)    Any Journeyperson 1 or Journeyperson 1 Apprentice with two (2) or more years as an apprentice who is forced to take lower classification as a result of layoff, shall be paid the regular rate of pay for up to thirty-one (31) shifts per Contract year.  Thereafter, the employee may be paid the rate the job requires at the Employer’s option.

Cost of Living

(g)    Language to remain but all effects of COLA are frozen for the term of the Contract.

(h)    During the life of the Contract, the wage rate for each employee will be increased or decreased in accordance with the rise or fall of the Consumer Price Index for Urban Wage Earners and Clerical Workers (Including Single Worker) 1967 = 100 for all Cities issued by the United States Bureau of Labor Statistics, but at no time will the rates be below the wage scale in effect on ____________.

(i)    For each 1 point rise of the U.S. All Cities (w) Index above the April, 1985 base, there will be a $.04 per hour increase in hourly rates on the appropriate hourly rate.  Likewise, when the Index drops 1 point, there will be a $.04 reduction in the hourly rates on the appropriate wage rate, but in no event below the rates in effect on ______________.  Calculations will be made semi-annually based on the rise and/or fall of the Index between _______________ and the Index figure each subsequent October and April.

(j)    Wage adjustments as a result of this clause will be effective on:
______________.

(k)    The wage scales adjusted in accordance with this Article, which are effective on ______________, shall be deemed to be the wage scale incorporated into this Agreement upon expiration of this Agreement.

(l)    No adjustments, retroactive or otherwise, shall be made due to any correction which may later be made in the published figures for BLS Consumer Price Index.

(m)    In the event the BLS discontinues the issuance of the Consumer Price Index used by the parties for computing cost of living adjustment, the parties shall substitute for such index the index issued by the Bureau to replace the discontinued index.