With only four months left in the inflation-watch countdown, retirees who get automatic cost- of-living adjustments are due an increase of at least 1.69 percent next January. That COLA will be higher if living costs measured by the government increase this month, or in July, August or September. The precise amount of the 2015 retiree […]
Feb. 20, 2014—There will be no third cost-of-living adjustment (COLA) for letter carriers under the 2011-2016 National Agreement because the Feb. 20 release of the January Consumer Price Index (CPI) showed no increase in the CPI between July 2013 and January 2014. This morning’s release of the January 2014 CPI-W (1967=100), 685.220, showed no increase […]
For CSRS & FERS retirees: 2014 retiree COLAs—1.5% for FERS & CSRS: The cost-of-living adjustments (COLAs) for both Civil Service Retirement System (CSRS) and Federal Employee Retirement System (FERS) benefits will be 1.5 percent in 2014, based on the Oct. 30 release of the Consumer Price Index (CPI) for September. Although the release of the […]
Social Security raise to be among lowest in years WASHINGTON — For the second straight year, millions of Social Security recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January. Preliminary figures suggest a benefit increase of roughly 1.5 percent, which would be among the smallest since automatic increases […]
Career APWU members will receive a $937 annual increase in pay in September, APWU President Cliff Guffey has announced. “This substantial raise is the result of the 2010-2015 Collective Bargaining Agreement, which preserved cost-of-living adjustments for our members,” he said.
NAPS Statement On Proposals To Shift COLA To Chained CPI In April, President Barack Obama issued his budget proposal for FY 2014, a proposal that included several measures aimed squarely at deficit reduction. One of these proposals proposed moving Cost-Of-Living-Adjustments (COLA’s) for Social Security and Federal/Postal pensions from the standard Consumer Price Index (CPI), which […]
Break the ‘Chained’ CPI! APWU Web News Article 079-2013, June 20 , 2013 The APWU is urging union members and retirees to participate in rallies across the country on Tuesday, July 2, to protest a proposal that would put retirement benefits for millions of workers on the chopping block. The threat is from a proposal […]
Career APWU members will receive a $207 annual increase in pay beginning next month, APWU President Cliff Guffey has announced. “This raise is the result of the 2010-2015 Collective Bargaining Agreement, which preserved cost-of-living adjustments for our members,” he said. “They are an important part of our pay package.” The cost-of-living adjustment (COLA) will be […]
For Employees Covered by the National Agreement: In July 2012, the Consumer Price Index (CPI-W) fell to 671.899. Accordingly, the second cost-of-living increase under the 2010 national agreement will be $375.00 per year, $14.40 per pay period, $0.18 per hour. Under the terms of the 2010 National Agreement, the COLA triggered by the release of […]
The projected accumulation toward the ninth and final contract COLA under the 2006-2011 National Agreement stands at $832 following the May 13 release of the Consumer Price Index (CPI) for March. This final COLA of the National Agreement will be based on the July 2011 CPI. 2012 Retiree COLA: 2.9% The projected accumulation for the […]