COLA, Largest Since 2012 for CSRS Retirees and Social Security Recipients, Shortchanges FERS Retirees

ALEXANDRIA, Va. (October 11, 2018) – The cost-of-living adjustment (COLA) to Civil Service Retirement System (CSRS) annuities and Social Security benefits will be 2.8 percent in 2019, but only 2 percent for Federal Employees Retirement System (FERS) retirees, pursuant to federal law and the latest consumer price data released this morning by the Bureau of Labor Statistics (BLS). Continue reading

NARFE: Retiree COLA Announcement Reinforces Need for a New COLA Formula

Alexandria, VA – The cost-of-living adjustment (COLA) to federal civilian retirement annuities and Social Security benefits will be 2.0 percent in 2018, pursuant to the latest consumer price data released this morning by the Bureau of Labor Statistics (BLS). Richard Thissen, president of the National Active and Retired Federal Employees Association (NARFE), issued the following statement in response: Continue reading

APWU: Significant COLA Increase Coming

02/15/2017Career 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 increase is the result of an increase in the Consumer Price Index (CPI-W). The increase will appear in paychecks dated March 24 (Pay Period 06-2017), and will total $333.00 per year. Continue reading

NALC COLAs due Sept 26 total $1,227 a year

From the National Association of Letter Carriers:

COLAs total $1,227 annually

NALC-LOGOFollowing the Aug. 19 release of the July Consumer Price Index (CPI), the fourth cost-of-living adjustment (COLA) for letter carriers under the 2011-2016 National Agreement is $686 annually.

This COLA was based on the increase in the CPI between January 2014 and July 2014. It amounts to 33 cents per hour. Under the terms of the 2011-2016 agreement, payment of this fourth cost-of-living adjustment will take effect in Pay Period 20 (pay date Sept. 26), the same pay period that the deferred second contract COLA will take effect.

The second cost-of-living adjustment for letter carriers under the 2011-2016 National Agreement was $541 annually. This second cost-of-living adjustment was based on the increase in the Consumer Price Index between January 2013 and July 2013. Combined, the two COLAs equal $1,227. This increase will be added to the salaries of all steps in Table 1 and Step O of Table 2, with proportionate application of the COLA to Steps A-N of Table 2.

Read more: NALC | The National Association of Letter Carriers, AFL-CIO.