Cost-of-Living Adjustment (COLA)
Effective Pay Period 10-2020, which begins on April 25, 2020, Career Mail Handlers employees are scheduled to receive the first of six possible Cost-of-Living Adjustments (COLA) increases under the current agreement.
This COLA provides an annual increase of $166.
This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the January 2020 index, using the July 2019 CPI index as a base, provides an annual increase of $166 for all Steps in Table 1 and for Step P of Table 2. The remaining Steps will receive the proportional COLA increase percentages as outlined in Article 9.3 of the National Agreement.
President NPMHU Local 320