APWU Update For CSRS, FERS, and Social Security

August 17, 2015

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For Employees Covered by the National Agreement

In June 2015 the CPI-W unadjusted Index (1967=100) rose to 696.431 after falling for five of the last nine months.  No additional COLAs are due under the 2010 National Agreement.  Future COLAs will depend upon the terms of a successor collective bargaining agreement.

Under the 2010 National Agreement, employees received the following adjustments totaling $1,830.00:

  • $ 207.00 effective March 9, 2013 (pay period 07-2013, pay date March 29, 2013) which includes the first and third COLAs,
  • $ 937.00 effective September 7, 2013 (pay period 20-2013, pay date September 27, 2013) which includes the second and fourth COLAs,
  • $0.00 for the fifth COLA which would have been effective March 8, 2014,
  • $ 686.00 effective September 6, 2014 (pay period 20-2014, pay date September 26, 2014),
  • $ 0.00 for the seventh COLA which would have been effective March 7, 2015.

For Employees Covered by the Information Technology/Accounting Services Agreement:

In June 2015 the CPI-W unadjusted Index (1967=100) rose to 696.431 after falling for five of the last nine month.  The Index must rise above 697.56 before any additional COLA is payable.

The eighth and last COLA adjustment under the 2011 IT/AS Agreement will be based on the September 2015 CPI Index point and will be effective October 31, 2015 (pay period 11-2015, pay date November 2015).

Under the 2011 IT/AS Agreement, employees have already received the following adjustments totaling $1,851:

  • $624 effective May 4, 2013 (pay period 11-2013, pay date May 24, 2013),
  • $291 effective November 2, 2013 (pay period 24-2013, pay date November 22, 2013),
  • $187 effective May 4, 2013 (pay period 11-2013, pay date May 24, 2013,
  • $188 effective November 2, 2013 (pay period 24-2013, pay date November 22, 2013),
  • $312 effective May 3, 2014 (pay period 11-2014, pay date May 23, 2014),
  • $249 effective November 15, 2014 (pay period 25-2014, pay date December 5, 2014),
  • $0.00 effective May 2, 2015 (pay period 11-2015, pay date May 22, 2015).

For Employees Covered by the National Postal Professional Nurses Agreement:

(07/31/2015) Under the NPPN 2012-2017 Collective Bargaining Agreement, the nurses have received the following increases based on the change of the ECI from Quarter 2 for each relevant year.

  • Effective August 23, 2014 (PP19-14), 3 percent increase.
  • Effective August 22, 2015 (PP19-15), 2.2 percent increase.
  • The next increase will be effective August 20, 2016 based on the percentage change in the ECI in Quarter 2 of 2016 over Quarter 2 in 2015.

Click here for the latest NPPN pay scale (effective August 22,2015).


For CSRS Retirees:

The 2016 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index in 2015 over the 2014 third quarter average.After the second quarter of 2015, the third quarter for the 2016 COLA adjustment period, the quarterly average is 0.6% below the third quarter of 2014; but is rising compared with quarter one of 2015.

CSRS COLA

CSRS COLA

1995

2.8%

2008

2.3%

 

1996

2.6%

2009

5.8%

 

1997

2.9%

2010

0%

 

1998

2.1%

2011

0%

 

1999

1.3%

2012

3.6%

 

2000

2.4%

2013

1.7%

 

2001

3.5%

2014

1.5%

 

2002

2.6%

2015

1.7%

 

2003

1.4%

 

 

 

2004

2.1%

 

 

 

2005

2.7%

 

 

 

2006

4.1%

 

 

 

2007

3.3%

 

 

 


For FERS Retirees:

The 2016 FERS retiree COLA is based on the third quarter (July, August, September) average CPI-W index in 2015 over the 2014 third quarter average.  However, if the CPI-W quarterly average increases 3% or more, they subtract 1%.  A 5% increase in the quarterly CPI-W average results in a 4% adjustment.  If the quarterly average increases from 2% to 3%, benefits increase by 2%.  A CPI-W quarterly average increase of 2% or less will increase benefits by the change in the CPI-W quarterly average. After the second quarter of 2015, the third quarter for the 2016 COLA adjustment period, the quarterly average is 0.6% below the third quarter of 2014; but is rising compared with quarter one of 2015.

FERS COLA

FERS COLA

 1995

2.0%

2008

2.0%

 

1996

2.0%

2009

4.8%

 

1997

2.0%

2010

0.0%

 

1998

2.0%

2011

0.0%

 

1999

1.3%

2012

2.6%

 

2000

2.0%

2013

1.7%

 

2001

2.5%

2014

1.5%

 

2002

2.0%

2015

1.7%

 

2003

1.4%

 

 

 

2004

2.0%

 

 

 

2005

2.0%

 

 

 

2006

3.1%

 

 

 

2007

2.3%

 

 

 


For Social Security Recipients:

The 2016 Social Security COLA is based on the third quarter (July, August, September) average CPI-W index in 2015 over the 2014 third quarter average. After the second quarter of 2015, the third quarter for the 2016 COLA adjustment period, the quarterly average is 0.6% below the third quarter of 2014; but is rising compared with quarter one of 2015.

Social Security

Social Security

1995

2.8%

2008

2.3%

 

1996

2.6%

2009

5.8%

 

1997

2.9%

2010

0.0%

 

1998

2.1%

2011

0.0%

 

1999

1.3%

2012

3.6%

 

2000

2.4%

2013

1.7%

 

2001

3.5%

2014

1.5%

 

2002

2.6%

2015

1.7%

 

2003

1.4%

 

 

 

2004

2.1%

 

 

 

2005

2.7%

 

 

 

2006

4.1%

 

 

 

2007

3.3%

 

 

 


 For FECA Employees:

The percentage increase in the December CPI-W index from year to year determines the FECA COLA increase.  After the sixth month of the twelve-month adjustment period for the 2016 FECA COLA, the CPI-W index has risen 1.694%.

FECA COLA

 

1995

2.7%

2008

4.3%

 

1996

2.5%

2009

0.0%

 

1997

3.3%

2010

3.4%

 

1998

1.5%

2011

1.7%

 

1999

1.6%

2012

3.2%

 

2000

2.7%

2013

1.7%

 

2001

3.4%

2014

1.5%

 

2002

1.3%

2015

0.3%

 

2003

2.4%

 

 

 

2004

1.6%

 

 

 

2005

3.4%

 

 

 

2006

3.5%

 

 

 

2007

2.4%

 

 
 

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