NALC: Letter carriers will get $978 COLA increase Effective Sept 10

Posted on by postal

September COLA announced: Letter carriers will receive their first cost-of-living adjustment (COLA) in three years in September. The COLA will amount to 47 cents per hour ($978 annually). Contract COLAs, which have been provided by our collective-bargaining agreements since 1971, are based on changes in the Consumer Price Index (CPI) every six months. However, due to the recent recession—the worst since the Great Depression of the 1930s—the CPI has remained mostly flat, and as a result, no COLAs were paid over the past five adjustment periods. Thursday’s COLA, the fourth and final one under our 2006-2011 contract, covered about 60 percent of the price inflation observed between July 2008 and July 2011. The 47 cents per hour amounts to $37.60 per pay period, and it takes effect in Pay Period 20, which begins Sept. 10 (pay date Sept. 30).
Http://www.nalc.org

5 thoughts on “NALC: Letter carriers will get $978 COLA increase Effective Sept 10”

  1. @jack potter, how about you shadow a carrier for one day. Let’s say Dallas Texas in August or Fargo North Dakota in February. Then you could see how cushy that job is. That has to be the most ridiculous statement I have heard in a long time.

    You wouldn’t make it until lunch time.

    @vicki, I agree that I also feel we got sold out just by giving up any 2011 COLA. Fortunately for the NALC, their Contract ran through this year and they pick up this last one. It will be interesting to see if the NALC does something similar with the COLA.

    I was planning to retire in April 2013. Now, I am going to put it off until at least December 2013 so that I will be paid the COLAs I earned for 2012 and 2013 and catch the first raise in salary in November 2013 since I can’t remember when. Taht will make my accrued leave worth a little bit more when I cash it out.

  2. At least carriers still have a smart union boss to get some pay raise, even a little is better than nothing.
    like the clerks’ craft with idiot Guffey, got nothing until 2013. Rip off, sold out the members. wage freeze!
    unions have become weak. waste members’ dues to support political slime balls.
    probably the last of a so-so contract. Dona-ho wants to get rid of employees and unions, rid of himself first.

  5. I say that is too much. One cent would be more deserving considering how little work they do.

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