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Monday, August 14, 2017

$270 COLA effective in September 2017: Approximately $10.38 Per Pay Period [270/26= 10.38...]

  $270 COLA effective in September 2017

Effective on September 2, 2017, career Mail Handler craft employees are scheduled to receive the third of seven possible cost-of-living (COLA) adjustments as outlined in Article 9.3 of the 2016 National Agreement. This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the July 2017 Index, and provides an annual increase of $270 for all Steps in Table 1 and for Step P of Table 2. The remaining Steps in Table 2 will receive the proportional COLA increase percentages as outlined in Article 9.3 of the National Agreement.

Reference: when is our next contractual salary/wage increase?


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