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


 

Mail Handlers Cost of Living Adjustments to be Effective September 6, 2014

  Mail Handlers Cost of Living Adjustments to be Effective September 6, 2014
Effective on September 6, 2014, all career Mail Handler craft employees are scheduled to receive both the second and fourth of seven possible cost-of-living (COLA) adjustments as outlined in Articles 9.3 and 9.7 of the 2011 National Agreement. These two COLA increases are based on: 1) the upward change in the relevant Consumer Price Index (CPI) Base following release of the July 2013 Index (this amount totaled $540, and as prescribed in the Fishgold Arbitration Award, the implementation of this COLA increase was delayed by one year); and 2) the upward change in that Index Base following release of the July 2014 Index (this amount totaled $687, but was not subject to a deferral period). Taken together, these two COLA adjustments resulted in an annual increase of $1,227 for all Steps in Table 1 and for Step P of Table 2. The remaining Steps in Table 2 have received the proportional COLA increase percentages as outlined in Article 9.7 of the National Agreement.

View Updated Wage Charts

Click Chart Above to Enlarge

Click Chart Above to Enlarge

Reference: www.npmhu.org

COLA Update: December 2008 CPI-W (Released Jan. 2009)

 

"...The Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W) decreased 1.2 percent in December, prior to seasonal adjustment.
The December level of 204.813 (1982-84=100) was 0.5 percent lower than in
December 2007...."
Reference: www.bls.gov

 

Mail Handler COLA Update

 

NPMHU postal employees will receive a Cost-Of-Living Adjustment of $1,477 and will be effective Aug. 30, 2008. The COLA will be in checks Pay Period 19-08 which is Sept 19, 2008. This equates to a 71-cent per hour increase ($56.80 per pay period).
 

COLA Update: (CPI) for June 2008

 
Contract COLA: $1,330

"...The actual COLA will reflect the increase in the CPI between January and July 2008. It will be payable the second full pay period following the release of the July 2008 index..."   

Source: www.nalc.org