Across the board hourly wage rate increases of actual hourly wage rates effective from the first full pay week of May 2024 and May 2025 shall be applicable as reflected above.

If the official CPI rate for the year ending February 2024 and February 2025 is below 3%,the employer party to this Agreement may request to renegotiate the across the board hourly wage rate increases and if it is above 8.5% the trade union parties may request to renegotiate the across the board hourly wage rate increases for the periods effective from the first full pay week of May 2024 and/or the first full pay week of May 2025, provided that such requests must be submitted and reach the other parties by not later than 15 March of the applicable year.