LETTER OF UNDERSTANDING
BETWEEN:
THE SUNRISE SCHOOL DIVISION
(hereinafter referred to as the ‘Division”)
-and-
THE SUNRISE TEACHERS’ ASSOCIATION OF
THE MANITOBA TEACHERS’ SOCIETY
REGARDING: Cost of Living Allowance (COLA)
The parties agree that during the life of the collective agreement for the period of July 1, 2018 to June 30, 2022, where articles in the body of the agreement use the term COLA for clauses or tables pertaining to wages or allowances, COLA shall be calculated as follows:
The July 1, 2021 Cost of Living Adjustment (COLA) will be determined using the 12-month (January to December 2021) Manitoba’s all items, annual average, not seasonally adjusted Consumer Price Index from Statistics Canada. The COLA will be calculated in January 2022, or when it is made known and increases applied retroactively to September 2021.
Signed and Agreed to on behalf of The Sunrise Teachers’ Association of the Manitoba Teachers’ Society:
_________________________
President
_________________________
Collective Bargaining Chair
Signed and Agreed to on behalf of The Sunrise School Division:
_________________________
Chairperson
_________________________
Secretary-Treasurer