August 22, 2017 -- Client Alert
Riverside to Become its Own Index
In 2018, the Department of Labor (“DOL”) will introduce a revised geographic area sample for the Consumer Price Index (“CPI”).[i] Among the changes, Riverside, CA, will become its own index. Thus, the current Los Angeles-Riverside-Orange County statistical area will split into two separate statistical areas: the Los Angeles-Long Beach-Anaheim area and the new Riverside-San Bernardino-Ontario area. Any employers negotiating agreements with CPI increases or having existing agreements that carry into 2018 and beyond should note this change and plan for the geographic area sample changes starting on January 1, 2018.