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Wednesday, August 11, 2021

Cost-of-Living Adjustment (COLA) set at $1,934; Effective August 28, 2021 (Pay Period 19-2021)

  Cost-of-Living Adjustment (COLA) set at $1,934

Effective August 28, 2021 (Pay Period 19-2021), 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 fourth 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 January 2021 Index, using the July 2019 CPI index as a base, and will provide an annual increase of $1,934 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.

*Updated wage charts forthcoming

Reference: www.npmhu.org