Press Release – October 10, 2019 Social Security Announces 1.6 Percent Benefit Increase for 2020 Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today. The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63…
August 13 Contract COLA: 7th COLA is $624 The seventh regular COLA under the 2016-2019 National Agreement is $624 annually following the release of the July 2019 Consumer Price Index. On August 13, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 745.376 in…
Press Release Thursday, October 11, 2018 Social Security Announces 2.8 Percent Benefit Increase for 2019 Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019, the Social Security Administration announced today. The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than…
Web News Article #: 78-2018 08/10/2018 – In accordance with the 2015-2018 APWU/USPS Collective Bargaining Agreement (union contract), career employees represented by the APWU will receive a 31 cent per hour cost-of-living adjustment (COLA), effective September 1, 2018. It will appear in paychecks dated September 21, 2018 (Pay Period 19-2018), and will total $645.00 per…
Web News Article #: 15-2018 02/16/2018 – In accordance with the 2015-2018 Collective Bargaining Agreement, career employees represented by the APWU will receive a 25 cent per hour cost-of-living adjustment (COLA), effective March 3. The increase is the result of a rise in the Consumer Price Index (CPI-W). It will appear in paychecks dated March…
For CSRS Retirees: The 2018 CSRS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2017 over the 2016 third quarter average. 2018 CSRS COLA increase effective with January 2018 annuity payments will be 2.0%. For FERS Retirees: The 2018 FERS retiree COLA is based on the third…
The Social Security Administration announced Friday that next year’s Social Security cost of living adjustment (COLA) will be 2.0%. That means an increase of $25 per month for the average beneficiary. According to the nonpartisan Kaiser Foundation, however, this will not be enough to offset the rise in Medicare Part B premium costs for 2018….
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…
