Government. also includes in its proposal a feature that's called a COLA, not the kind you drink, but a Cost of Living Adjustment.
Usher explained:.....
Henry Charles Usher, Minister of Public Service
"Another bullet point is the bullet point that speaks about the cost of living adjustment. And looking at the consumer price index to see how it is that we can have a formula to look at salaries every year, that looks at the CPI, that looks at a cost of living adjustment, maybe every every year, every two years, whatever is agreed upon, so that we don't get to a situation where you have areas of, of the public service or teachers or anybody saying, well, we want this increase, we want that increase. We know that an increase is coming because it's based on a formula. Included in that discussion was looking at other areas that we can properly compensate our public officers, perhaps looking at housing initiatives, looking at different areas that they can benefit from. We can't always meet a numerical figure, but we can always try to work with our public officers, with our teachers, with all of the public service, to see how we can properly compensate"
The joint unions are expected to meet tomorrow to discuss government's proposal.
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