ALERT – Portland CPI Index to be Discontinued

The Portland CPI Index will be discontinued at the end of calendar year 2017. If your agency or company has referenced the Portland Index in collective bargaining agreements to dictate wage increases for periods after the Index is no longer available, you must negotiate with your unions to reach agreement on a substitute index. Similarly, if your agency or company has individual employment contracts that utilize the Portland Index, you must reach agreement on a substitute index with the employee(s) affected. All such agreements should be confirmed in writing and signed by the appropriate parties. If you have questions, contact Peck Rubanoff & Hatfield at (503) 303-7240.