The Coordinators shall be paid according to the basic schedule, 3.12. In addition, they shall receive a supervisory allowance as follows:
Effective Fall Term 2018 commencing the first year, an allowance of $2,969.87 per annum will be paid; the second year an allowance of $3,382.70 per annum; the third and every year thereafter, a maximum allowance of $5,536.94 per annum.
Effective Fall Term 2019 commencing the first year, an allowance of $3,011.45 per annum will be paid; the second year an allowance of $3,430.06 per annum; the third and every year thereafter, a maximum allowance of $5,614.45 per annum.
Effective Fall Term 2020 commencing the first year, an allowance of $3,026.51 per annum will be paid; the second year an allowance of $3,447.21 per annum; the third and every year thereafter, a maximum allowance of $5,642.53 per annum.
Effective Fall Term 2021 commencing the first year, an allowance of $3,026.51 + COLA* per annum will be paid; the second year an allowance of $3,447.21 + COLA* per annum; the third and every year thereafter, a maximum allowance of $5,642.53 + COLA* per annum.