The APWU and NALC have released the numbers for recent cost-of-living-adjustments (COLAs), and the numbers are rather substantial at $645!
NALC: Fifth COLA set at $645
August 10, 2018
The fifth contract COLA is finalized today at $645 annually with the release of the July 2018 CPI-W. The sixth COLA will be finalized with the release of the January 2019 CPI-W in February 2019.
APWU: Seventh and Final COLA under the 2015 Contract Agreement Announced
August 10, 2018
In accordance with the 2015-2018 APWU/USPS Collective Bargaining Agreement (union contract), career employees represented by the APWU will receive a 31 cent per hour cost-of-living adjustment (COLA), effective September 1, 2018. It will appear in paychecks dated September 21, 2018 (Pay Period 19-2018), and will total $645.00 per year.
The COLAs are in addition to general wage increases.
This is the seventh and final cost-of-living adjustment under the 2015-2018 contract:
$0.00 The first COLA would have been effective Sept. 5, 2015
$0.00 The second COLA would have been effective March 5, 2016.
$21.00 The third COLA was effective Sept. 3, 2016.
$333.00 The fourth COLA was effective March 18, 2017.
$270.00 The fifth COLA increase effective Sept. 2, 2017.
$520.00 The sixth COLA effective March 3, 2018.
$645.00 The seventh COLA effective Sept. 1, 2018.
The COLAs received during the 2015-2018 CBA will total $1,789 per year.
Postal Support Employees (PSEs) do not receive cost-of-living increases, but had five general wage increases under the 2015-2018 contract. PSEs received a pay increase of 21 cents on May 26, 2018.