The Council advises that the parties to the Lift Engineering Agreement have concluded a one year Settlement Agreement for the period 1 July 2011 to 30 June 2012.

The increases for wages, standy-by allowances and other allowances will increase by 6.2 per cent with effect from 1 July 2011.

The schedule of new rates is set out in the attachment to this circular.

The parties have agreed to consider, at a separate forum, proposals relating to the possible introduction of a housing allowance.

Please ensure that a copy of this circular is passed to your wage department.

For any further information, please contact the Regional Office in your area.