Where's my COLA increase?

If the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers rises above 644.303 in July 2010, a COLA shall be paid to Mail Handlers in September 2010.

Article 9, Section 3C of the 2006-2011 NPMHU National Agreement states;

"The basic salary schedule provided for in this Agreement shall

be increased 1 cent per hour for each full 0.4 of a point increase

in the applicable Index above the Base Index. For example, if

the increase in the Index from July 2006 to January 2007 is 1.2

points, all pay scales for employees covered by this Agreement

will be increased by 3 cents per hour. In no event will a decline

in the Index below the Base Index result in a decrease in the pay

scales provided for in this Agreement."

COLA

For more information on the CPI for Urban Wage Earners and Clerical Workers click here and more info can be found here