NPMHU | Last of Six Possible COLA Increases (Current Contract) Set at...

"Effective August 27, 2022, all career Mail Handler craft employees are scheduled to receive a cost-of-living (COLA) adjustment as outlined in Article 9.3 of the 2019 National Agreement. This is the last of six possible COLA increases under the terms of the current agreement. This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the July 2022 Index, using the July 2019 CPI index as a base. The increase will appear in paychecks dated ..."   
Source: NPMHU

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COLA Update for NALC Postal Employees

 
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 0.5 percent in July, prior to seasonal adjustment. The July level of 216.304 (1982-84=100) was 6.2 percent higher than in July 2007. This equates to $1,498 annually for NALC postal employees covered under the National Contracts. The COLA will be effective the pay period beginning August 30 and received in checks on September 19. The new COLA is equivalent to 72 cents per hour ($57.60 per pay period).


Latest CPI-W Release from the BLS

CPI Reference: www.bls.gov

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COLA CPI for June 2008

 
Contract COLA: $1,330

"...The actual COLA will reflect the increase in the CPI between January and July 2008. It will be payable the second full pay period following the release of the July 2008 index..."   

Source: www.nalc.org


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Postal Contract COLA Update: $633

Contract COLA: $633
"...The accumulation toward the third regular cost of living adjustment for letter carriers under the 2006-2011 National Agreement was $633 in May following the release of the Consumer Price Index (CPI) for April 2008. The actual COLA will reflect the increase in the CPI between January and July 2008. ..."
Resource: www.nalc.org
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