APWU: COLA Updates for FERS, CSRS, SS and FECA

FERS COLA After the second quarter of 2021, the third quarter for the 2022 COLA adjustment period, the quarterly average has increased by 4.1%. The 2022 FERS retiree COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2021 over the 2020 third quarter average. However, if the CPI-W quarterly…

 Continue reading

NALC: 7th Contract COLA is $624 (30 cents per hour)

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…

 Continue reading