Postal Employees FYI: Next Contract Cost of Living Adjustment May Be ZERO?

January 26, 2009 by
Filed under: APWU, COLA, NALC, NPMHU, NRLCA, postal 

From NALC.org: Contract COLA =0%

There was no projected accumulation toward the fourth regular cost-of-living adjustment (COLA) for letter carriers under the 2006-2011 National Agreement following the January 15 release of the December Consumer Price Index (CPI). The next COLA will reflect the increase in the CPI, if any, between July 2008 and January 2009, and will be payable the second full pay period following the release of the January 2009 index.

There are eight COLAs included in the 2006-2011 contract.
From APWU.org: Cost of Living Adjustment (COLA) Update

For Employees Covered by the National Agreement and the Operating Services Agreement:

In December, the Consumer Price Index (CPI-W) fell to 610.075. After the fifth month of the six-month measuring period, and assuming the next COLA were based on the December index, the fifth COLA under the 2006 National Agreement and the Operating Services Agreement would be zero. However, the next COLA will be based on the January 2009 index point and will be effective March 14, 2009.

The fourth COLA ($1,477) was effective Aug. 30, 2008 (pay period 19-2008, pay date Sept. 19, 2008).

Comments

No Comments on Postal Employees FYI: Next Contract Cost of Living Adjustment May Be ZERO?

  1. geo bush on Mon, 26th Jan 2009 9:01 am
  2. who is doing the math on this….????

    enron? lehman bros.? or some other crooks in the ceo catagory?

  3. me on Mon, 26th Jan 2009 2:04 pm
  4. like i said for 32 years screw cola give me 3 percent a year noooo unions say we want cola they have been in bed with management for years!!! apwu president to contact him you have to write him!!!! WHAT A JOKE mailhandlers EVEN WORSE WITH THE MONEY PAID TO UNION OFFICIALS AND THEY GET A PENSION FROM THEM BESIDES THE POST OFFICE!!!

  5. ASC on Tue, 27th Jan 2009 1:59 am
  6. CPI calculation now excludes fuel and food costs. This is how Social Security has been screwing the elderly for years now. 93 year old WWII Veterans freezing to death in Mi. (and other assorted horror stories) will become more and more prevalent as their unemployed children lose their ability to lend support to their elderly parents. Watch the news folks. You ain’t seen nuthin’ yet!

  7. MoreBloatedManagament on Tue, 27th Jan 2009 2:25 am
  8. Seems about right. Nothing for us, but 6 figures for a new CEO, and new Vice President of Sales, and some f%$king new Senior Vice President for that nitwit to report to.

  9. Cliff on Tue, 27th Jan 2009 10:26 am
  10. I worked under a contract were we gave up our Cola’s and we got $1.25 raise for each of the (4) years, and the Cola’s would have increased our wages two fold!
    So don’t ever–give this UP, if you do your a FOOL!

  11. SEPA on Tue, 27th Jan 2009 4:30 pm
  12. Thank you Bill “dumbass” Burass.. sold us out on that contract language didn’t ya…? What did ya have to give them to agree to that one?? Can you even read??

  13. Poomette on Thu, 29th Jan 2009 9:04 am
  14. Dems are talking of eliminaring cola on Soc Sec to save money. Another fine idea from obama

  15. mack on Thu, 29th Jan 2009 12:02 pm
  16. President Obama has nothing,to do whith this dum ass

  17. QUIT YER B!TC#!N on Thu, 29th Jan 2009 11:04 pm
  18. You DO NOT have to be in the union. That’s a $600 a year COLA.

  19. Non Scab on Fri, 30th Jan 2009 4:47 am
  20. And the ones that DO NOT belong to the union should have to negotiate their own contract and raises. F&%king bottom feeders.

  21. Paula J. on Fri, 30th Jan 2009 6:37 pm
  22. Think Potter would give back his “incentive” package of over $800,000.???? Maybe then a few of us might not get zero???

  23. Allen on Sat, 31st Jan 2009 5:08 pm
  24. I believe it’s because we got so much last time.

  25. PMG Potter on Sun, 1st Feb 2009 1:38 am
  26. I believe I’ll give myself a raise though!

  27. Reality is... on Sun, 1st Feb 2009 11:20 am
  28. We are in the middle of a depression and you are worried about a cola…If you don’t like it quit the PO and find a better job. I am betting that your limited amount of brain cells would not be successful in finding any employment. Get a life and a real job!

  29. Proud usps servant on Wed, 25th Feb 2009 3:55 pm
  30. Reality is, sounds like a typical postmaster talking, correct me if i’m wrong Reality!! Their wisdom just shines right through!!