COLA Increase Announced
February 12, 2021
In accordance with the 2018-2021 Collective Bargaining Agreement, career employees represented by the APWU will receive a 20 cent per hour cost-of-living adjustment (COLA), effective February 27, 2021.
The increase is the result of a rise in the Consumer Price Index (CPI-W). It will appear in paychecks dated March 19, 2021 (Pay Period 06-2021).The value of the COLA for full-time employees in each step and grade will increase by $416.00 annually, and the hourly rates for part-time employees will be adjusted accordingly.
The COLAs are in addition to general wage increases. This is the fifth cost-of-living increase under the 2018 contract. The COLAs received so far during the 2018 National Agreement will total $1,414.00 per year.
Postal Support Employees (PSEs) do not receive cost-of-living increases, but have several general wage increases under the 2018 contract. The next increase is effective on May 22, 2021 when PSE’s will receive another 20-cent raise.