Postal Service Files Market Dominant Price Change Proposes an Additional $0.9 Billion in Annualized Contributions WASHINGTON ̶ On January 15, the Postal Service filed with the Postal Regulatory Commission (PRC) a Market Dominant price change based on a Consumer Price Index (CPI) cap authority of 1.966%. The Postal Service believes strongly in the value of […]
August 20, 2014 – Following the Aug. 19 release of the July Consumer Price Index (CPI), the fourth cost-of-living adjustment (COLA) for letter carriers under the 2011-2016 National Agreement is $686 annually. This COLA was based on the increase in the CPI between January 2014 and July 2014. It amounts to 33 cents per hour. […]
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 […]