Provincial Salary Scale. The Provincial Salary Scale is attached as Appendix A. 12.1.1 Effective the first day of the first full pay period after April 1, 2015 2019 or the first day of the first full pay period after the date of tentative settlement ratification of the collective agreement (whichever is later), all annual rates of pay in Appendix A of the collective agreement which were in effect on March 31, 2015 2019 shall be increased by one percent (1%) two percent (2%). The Parties agree that retroactive adjustment from the date of ratification to April 1, 2019 will apply in the case of a tentative settlement on or before June 30, 2020 September 1, 2015. After that date there will be no retroactive adjustment. The parties agree that PSEA and FPSE may extend this June 30, 2020 deadline by mutual agreement. 12.1.2 Effective the first day of the first full pay period after February 1, 2016, all annual rates of pay in Appendix A of the collective agreement which were in effect on January 31, 2016 shall be increased by the Economic Stability Dividend*.
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Sources: Memorandum of Settlement, Settlement Agreement