Teamsters Create an account to follow your favorite communities and start taking part in conversations. BOG postal reform The new rates include a three-cent increase in the price of a First-Class Mail Forever stamp from 60 cents to 63 cents. The five previous COLAs paid under the 2019-2023 National Agreement have resulted in total pay increases for each step in the career pay schedules of at least 6.2 percent. CanadaPostNews.com guns The seventh COLA is based on the increase in the CPI-W between the base index month and January 2023, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2023 index. The first, effective in February, amounted to $0.63 per hour or $1,310 annually. The accumulated COLA through May stood at 87 cents per hour or $1,810 annually. After the final quarter of 2022, the first quarter for the 2024 COLA adjustment period, the quarterly average has increased by 0.1%. covid WebAfter the final month of the 12-month measuring period for the 2023 FECA COLA, the change in the index is 6.252%. The 2023 FECA COLA calculation will be finalized when the December 2022 CPI-W is published during the month of January 2023. New comments cannot be posted and votes cannot be cast. Select Month This is the last of six possible COLA increases under the terms of the current agreement. March 2022 The result is at least a 10 percent increase so far during this contract from COLA increases alone. August 11, 2022. Hello, I really would appreciate it if someone would get the ball rolling and start sending out the NLRCAS retroactive payment like now. WebThe tentative agreement provides four annual general wage increases and seven cost-of-living adjustments (COLAs). For more information about the Postal Service, visit usps.com and facts.usps.com. /* 0 ) { March 2021 December 2017 })(); Headquarters PAST FECA COLA The increase will be effective on Aug. 27, 2022. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. The 2023 FECA COLA will be 6.3%, effective March 2023. The PRC will review the proposed prices before they are scheduled to take effect Oct. 2. BOG Follow us on Twitter, Instagram, Pinterest and LinkedIn. November 2019 October 2019 WebAfter the final quarter of 2022, the first quarter for the 2024 COLA adjustment period, the quarterly average has increased by 0.1%. In percentage terms, the median percentage increase across all steps and levels for career employees will be 2.3%. December 2017 December 2021 WordPress.org, Cost-of-Living Adjustment (COLA) set at $2,455 National Postal Mail Handlers Union, York PA Man Indicted For Assaulting Fellow Postal Workers, Boston Man Charged with Armed Robbery of Postal Worker, USPS Celebrates the Symmetrical Beauty of Flowers on new $10 stamp, NALC and the Postal Service open negotiations for sixteenth collective bargaining agreement, USPS will treat mail pieces with counterfeit postage as abandoned- and may open and dispose of them. DeJoy December 2021 postalnews.co.uk /*