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• 6/1/2020 lookback at peer average COLA increase to adjust to the new average if higher <br /> than 2.75% effective 7/1/2020. <br /> • 1/1/2021 2.75% increase to all steps and classifications <br /> • 6/1/2021 lookback at peer average COLA increase to adjust to the new average if higher <br /> than 2.75% effective 7/1/2021. <br /> 19 <br />