APWU: COLA Update For Employees Covered by the National Agreement

Cost Of Living Expenses Sky High Monitor Showing Increasing Costs(07/22/14) In June 2014, the Consumer Price Index (CPI-W) rose to 699.107. The sixth COLA adjustment under the 2010 National Agreement will be based on the July 2014 CPI Index point and will be effective September 6, 2014, (pay period 20-2014, pay date September 26, 2014). However, if the adjustment were made based on the June 2014 Index – the fifth month of the six-month adjustment period – the adjustment would be:

  • Per Annum: $707.00
  • Per Pay Period: $27.20
  • Cents Per Hour: 34¢

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%

via Pay | APWU.

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