COLA for Employees Covered by the HRSSC Agreement

In December, the third month of the six-month adjustment period for the second COLA under the 2021 HRSSC Agreement, the CPI-W Unadjusted Index (1967=100) rose from last month to 815.937; an increase over the September 2021 index point upon which employees received the last COLA. 

If the adjustment was made based on the December 2021 Index, the adjustment would be:

Monthly Tracking Amount
Per Annum $749.00
Per Pay Period $28.80
Cents Per Hour $0.36

However, the second COLA under the 2021 HRSSC Agreement will be based on the March 2022 Index and would be effective May 07, 2022 (pay period 11-2022, pay date May 27, 2022).   

Under the 2021 HRSSC Agreement, employees accrued the following adjustments totaling $1,560.00:

# Amount Effective Date Pay Period Pay Date
1 $1,560.00 November 6, 2021 24-2021 November 26, 2021