NALC Contract Implementation Dates Set

$686 cash payment on Oct. 19, back pay on Nov. 30:

President William H. Young announced on September 26 that the lump sum payment of $686 to cash out the COLA from November 2006 through May 2007 will be included in carriers’ October 19 paychecks. The back pay for active carriers related to the 1.4% general wage increase covering the period between November 25, 2006 and the end of Pay Period 20 (September 28) will be paid in their regular paychecks on November 30

source: NALC