Common use of Secondary Scale Adjustment Clause in Contracts

Secondary Scale Adjustment. All steps on secondary scales will be increased as follows: 12.2.1 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): one percent (1%) two percent (2%). The Parties agree that retroactive adjustment will apply from the date of ratification to April 1, 2019 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. 12.2.2 Effective the first day of the first full pay period after February 1, 2016: Economic Stability Dividend*.