National Agreement 2006-2011 - NALC Branch 1100

Article 9.2.A
practicable following ratification of the new Agreement.
The one-time cash payment will be based on the COLA
formula as detailed in Section 3.C, below.
B. Hourly Rate Employees
All eligible non-probationary hourly rate employees, who
have been paid for less than 2000 hours during the twentysix
pay periods ending with pay period 20, i.e.,
September 15 - 28, 2007, shall receive such cash payment
based on their number of paid hours during that period in
accordance with the following schedule:
Number of Paid Hours Percent of Cash Payment
1 and Under 500 25
500 and Under 1000 50
1000 and Under 1500 75
1500 and Over 100
The percentage determined as a result of the above
computation will be applied to the one-time cash payment to
determine the non-probationary hourly rate employee’s share
of the one-time cash payment. This payment does not become
part of the employee’s basic pay.
C. Eligibility
1. Full-Time Employees
In order to be eligible to receive the one-time cash payment,
the employee must be in a full-time regular pay status
during pay period 20, i.e., September 15 - 28, 2007.
2. Hourly Rate Employees
In order to be eligible to receive the one-time cash payment,
an hourly rate employee must be in a pay status during
pay period 20, i.e., September 15 - 28, 2007.
Section 3. Cost of Living Adjustment
A. Definitions
1.“Consumer Price Index” refers to the “National
Consumer Price Index for Urban Wage Earners and
Clerical Workers,” published by the Bureau of Labor
Statistics, United States Department of Labor (1967=100)
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