Web News Article #: 18-2017 02/15/2017 – Career employees represented by the APWU will receive a 16 cent per hour cost-of-living adjustment (COLA) effective March 4, in accordance with the 2015-2018 Collective Bargaining Agreement (Postal Support Employees are not eligible for cost-of-living increases, but they receive five general wage increases under the 2015-2018 contract). The…
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…
By Ralph Smith – June 5, 2016 An increase in the cost of living adjustment (COLA) refers to the increase, if any, that federal retirees and Social Security recipients will receive in 2017. It does not refer to any pay raise that current federal employees will receive. The 2017 federal pay raise is currently on track…
By Stephen Ohlemacher – October 11, 2015 WASHINGTON (AP) — For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation’s population. They can blame low gas prices. By law, the…
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…
Press Release Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announced today. The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 58 million Social Security beneficiaries receive in January 2015. Increased payments to more than…
