NPMHU | Cost-of-Living Adjustment (COLA) set at $208.00

  NPMHU | Cost-of-Living Adjustment (COLA) set at $208.00

Effective November 19, 2022, Pay Period 25-2022 (and retroactively applicable)— For career mail handlers, the basic annual salary for each grade and step of Table One and Table Two shall be increased by an amount equal to 1.3% of the basic annual salary for the grade and step in effect on September 20, 2022. This is the first of three-scheduled general wage increases as outlined in the 2022 National Agreement. In addition to the general increases provided in Section 9.1, wage schedule RSC M reflects an additional 1% increase for steps AA-A and 1.3% increase effective November 19, 2022 (PP25-2022) for all other steps. Lastly, MHAs will receive a 2.3% general increase and a $0.50 wage adjustment effective November 19, 2022 (PP25-2022). Cost-of-Living Adjustment (COLA) set at $208

Cost of Living Increase and Wage Chart Effective March 11. 2023 (Pay Period 07-2023) pdf

General Wage Increase and Wage Chart Effective November 19. 2022 (Pay Period 25-2022) pdf

Reference: NPMHU via NPMHU Local 317 - Alabama


 

Federal Retirees Are Set to Receive COLA | CSRS vs. FERS

  Federal Retirees Are Set to Receive the Highest COLA in Decades, But Some Will Get Less Than Others

“While CSRS annuities and Social Security benefits will be going up 8.7%, the January 2023 COLA unfortunately will be 7.7% for those who retired under the Federal Employees Retirement System,” said Ken Thomas, national president of the National Active and Retired Federal Employees Association. ..."

Reference: www.govexec.com