APWU: Seventh COLA, effective March 7, 2015, likely to be $0.00

Posted on March 1, 2015March 1, 2015 by 21cpw

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…

APWU COLA Update For Employees Covered by the National Agreement

Posted on September 18, 2014September 18, 2014 by 21cpw

(09/17/14) In August 2014, the Consumer Price Index (CPI-W) fell slightly to 697.105. 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 were made based on…