NPMHU Cost-of-Living Adjustment (COLA) set at $978

  Cost-of-Living Adjustment (COLA) set at $978

Cost-of-Living Adjustment (COLA) set at $978

Effective September 7, 2024 (Pay Period 20-2024), all career Mail Handler craft employees are scheduled to receive a cost-of-living (COLA) adjustment as outlined in Article 9.3 of the 2022 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 July 2024 Index, using the July 2022 CPI index as a base. The resulting calculation provides an annual increase of $978 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.

Wage Charts coming soon

Reference: NPMHU via NPMHU Local 317 - Alabama