Due to recent increases in the Consumer Price Index (CPI), the Cost of Living Allowance (COLA) for RSMCs will generate a COLA payment for the period of October 1 to December 31, 2021.
33.06 of the RSMC Collective Agreement
The RSMC collective agreement provides for the COLA to be paid to route holders and permanent relief employees as follows:
33.06 (ii) The allowance will be paid on a basis of zero point zero three seven five percent (0.0375%) of the activity component paid for each full zero point zero five zero four (0.0504) of a point increase in the C.P.I. above the adjusted index which is five point thirty three percent (5.33 %) greater than the C.P.I. Index published for December 2019.