February 14, 2018 Contract COLA: 4th COLA is $520 The fourth regular COLA under the 2016-2019 National Agreement is $520 annually following the release of the January 2018 Consumer Price Index. On February 14, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 720.604…
Press Release – October 4, 2017 Alexandria, VA – The Office of Personnel Management (OPM) today announced the average Federal Employees Health Benefits (FEHB) Program premium for America’s retired and active federal workers will increase 4.0 percent in 2018, with the average enrollee’s share rising 6.1 percent. In response, Richard G. Thissen, president of the…
Web News Article #: 75-2017 08/11/2017 – In accordance with the 2015-2018 Collective Bargaining Agreement, career employees represented by the APWU will receive a 13 cents per hour cost-of-living adjustment (COLA) effective September 2. The increase is the result of an increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated…
Press Release – October 18, 2016 Small cost-of-living increase triggers huge Medicare Part B premium hike for many retirees WASHINGTON – American Federation of Government Employees National President J. David Cox Sr. is calling on Congress to pass emergency legislation to prevent massive increases in Medicare Part B premiums for millions of retirees next year….
Press Release – Tuesday, October 18, 2016 Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase 0.3 percent in 2017, the Social Security Administration announced today. The 0.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 60 million Social Security beneficiaries in January…
Web News Article #: 180-2016 08/16/2016 – Career employees represented by the APWU will receive a one-cent per hour cost-of-living adjustment (COLA) effective Sept. 3, in accordance with the 2015-2018 Collective Bargaining Agreement. The increase is the result of a slight increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated…
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…
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,…
