Cost of Living Adjustment (COLA) Update

APWU Web News Article #12-06, Feb. 22, 2006

For Employees Covered by the National Agreement and the Operating Services Agreement:

In January, the Consumer Price Index (CPI-W) rose to 577.7. The ninth Cost-Of-Living Adjustment under the extended 2000 National Agreement and the 2000 Operating Services Agreement (the first COLA under the 2005-2006 extension agreements) will be $457 per year. The adjustment amounts to a 22 cents per hour increase, or $17.60 per pay period. The ninth COLA will take effect March 18, 2006 (pay period 07-2006, pay date April 7, 2006).

Pay charts reflecting this COLA and the 1.6% pay raise — also effective March 18, 2006 — are being prepared for printing in The American Postal Worker magazine. They will be posted to this page as soon as they are available.

Under the 2000 National Agreement and the Operating Services Agreement, employees have received the following cost-of-living adjustments totaling $2,621: $728 (Sept. 3, 2005); $208 (March 19, 2005); $624 (Sept. 4, 2004); $208 (March 6, 2004); $291 (Sept. 6, 2003); $250 (March 8, 2003); and $312 (Sept. 7, 2002).

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