Postal Unions Report COLA at $645

The APWU and NALC have released the numbers for recent cost-of-living-adjustments (COLAs), and the numbers are rather substantial at $645!

NALC: Fifth COLA set at $645

August 10, 2018 The fifth contract COLA is finalized today at $645 annually with the release of the July 2018 CPI-W. The sixth COLA will be finalized with the release of the January 2019 CPI-W in February 2019.

APWU: Seventh and Final COLA under the 2015 Contract Agreement Announced

August 10, 2018 In accordance with the 2015-2018 APWU/USPS Collective Bargaining Agreement (union contract), career employees represented by the APWU will receive a 31 cent per hour cost-of-living adjustment (COLA), effective September 1, 2018. It will appear in paychecks dated September 21, 2018 (Pay Period 19-2018), and will total $645.00 per year. The COLAs are in addition to general wage increases. This is the seventh and final cost-of-living adjustment under the 2015-2018 contract: $0.00 The first COLA would have been effective Sept. 5, 2015 $0.00 The second COLA would have been effective March 5, 2016. $21.00 The third COLA was effective Sept. 3, 2016. $333.00 The fourth COLA was effective March 18, 2017. $270.00 The fifth COLA increase effective Sept. 2, 2017. $520.00 The sixth COLA effective March 3, 2018. $645.00 The seventh COLA effective Sept. 1, 2018. The COLAs received during the 2015-2018 CBA will total $1,789 per year. Postal Support Employees (PSEs) do not receive cost-of-living increases, but had five general wage increases under the 2015-2018 contract. PSEs received a pay increase of 21 cents on May 26, 2018.