Subject to Section 8. 10 (d), the percentage increase for the inflation adjustment pursuant to this Section 8.10 is determined as at March 1 each year and the amount paid shall be the greater of (i) and (ii) as follows: i) 80% of the percentage increase, if any, in the Consumer Price Index during the 12 month period ending on the immediately preceding December 31 to a maximum adjustment of 4%; or
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement