The sixth regular cost-of-living adjustment (COLA) for career letter carriers under the 2019-2023 National Agreement is $2,455 annually following the release of the July Consumer Price Index. This increase will be added to every step in Table 1 and Step O in Table 2, and then applied proportionately to Steps A through N in Table 2. The increase will be effective on Aug. 27, 2022.
So far, the projected increase from the sixth COLA alone would result in an additional 3.9 percent pay increase (with one more month to calculate) for each step in the career pay schedules. The five previous COLAs paid under the 2019-2023 National Agreement have resulted in total pay increases for each step in the career pay schedules of at least 6.2 percent.