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[majokko]

CPI is the Consumer Price Index. This is published by the Federal Government as a percent that prices for food, fuel, etc. increased or decreased over a period. This number is used to increase or decrease the amount paid by school district to a motor carrier. Typically there is a cap of +/- 5%.
The Teamsters contract managed to begin using CPI about 8 years ago. In that contract pay is increased across the board bssed on the CPI for a 12 month period ending the last day of February. This is what the company gets, we are the cost they get a raise for, they give us that amount. Our cap tho is the +5% the company gets but not less than +1.5%, which has only occurred once.
First Student USA's CEO has mandated to their contract negotiators not to give CPI any more and raises will be limited to 2% max. This is partly in response to more locals following our example and switching to CPI for annual raises. We has a union need to resist this mandated cap to pay raises. CPI is fair and defensable.

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