For Employees Covered by the National Agreement:
In December 2013, the Consumer Price Index (CPI-W) rose slightly to 682.639. This index point is below the point of the last adjustment: 685.350. Based on the fifth month (December Index point) of the six-month measuring period, the fifth cost-of-living increase under the 2010 National Agreement would be zero. However, the fifth COLA will be based on the January 2014 CPI and will be effective March 8, 2014 (pay period 07-2014). The Index must climb to at least 685.750 before another adjustment would be paid.
The first and third COLAs were effective March 9, 2013 (pay period 07-2013, pay date March 29, 2013) and totaled $207.00 per year, $7.96 per pay, and $0.10 per hour.
The second and fourth COLAs under the 2010 National Agreement were effective Sept. 7, 2013 (pay period 20-2013, pay date Sept. 27, 2013) and totaled $937.00 per year, $36.04 per pay period, and $0.45 per hour.
There will be seven COLA adjustments under the 2010-2015 Collective Bargaining Agreement based on the Jan. 2012, July 2012, Jan. 2013, July 2013, Jan. 2014, July 2014, and Jan. 2015 releases of the CPI-W. So far, under the 2010 National Agreement, employees have received cost-of-living adjustments totaling $1,144.00.
- See more at: http://apwu.interactiverequest.com/issues/pay#sthash.IcVlGHYy.dpuf