For Employees Covered by the National Agreement
In December 2014 the CPI-W unadjusted Index (1967=100) fell for the third month in a row (and four out of the last five months) to 684.828 driven largely by falling oil prices. Until the Index rises above 698.58, no COLA will be due.
The seventh COLA adjustment under the 2010 National Agreement will be based on the January 2015 CPI Index point and will be effective March 7, 2015, (pay period 07-2015, pay date March 27, 2015). However, if the adjustment was made based on the December 2014 Index – the fifth month of the six-month adjustment period – the adjustment would be zero.
Per Annum: $0.00
Per Pay Period: $0.00
Cents Per Hour: 0¢
Under the 2010 National Agreement, employees have accrued 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 the fifth COLA which would have been effective March 8, 2014 was zero.
$686.00 effective September 6, 2014 (pay period 20-2014, pay date September 26, 2014) was the sixth COLA.
via Pay | APWU.