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COLA raise
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<blockquote data-quote="Its_a_me" data-source="post: 5353903" data-attributes="member: 93115"><p>COLA is covered in the National Master Agreement Article 33.</p><p></p><p>The article uses the language all employees that have hit seniority. So that is why you had to wait for your $0.33 until your seniority date but won't have to wait for this year's COLA (as you already hit it).</p><p></p><p>This year's COLA is $0.82. It is calculated from The Bureau of Labor Statistics' (or BLS) <em>Consumer Price Index for Urban Wage Earners and Clerical Workers</em> (or CPI-W) using a 3% adjustment from the prior May numbers (which are published in June).</p><p></p><p>The link to the raw numbers is <a href="https://www.ssa.gov/oact/STATS/cpiw.html" target="_blank">here.</a></p><p></p><p>Read Article 33 if you want more info on COLA.</p></blockquote><p></p>
[QUOTE="Its_a_me, post: 5353903, member: 93115"] COLA is covered in the National Master Agreement Article 33. The article uses the language all employees that have hit seniority. So that is why you had to wait for your $0.33 until your seniority date but won't have to wait for this year's COLA (as you already hit it). This year's COLA is $0.82. It is calculated from The Bureau of Labor Statistics' (or BLS) [I]Consumer Price Index for Urban Wage Earners and Clerical Workers[/I] (or CPI-W) using a 3% adjustment from the prior May numbers (which are published in June). The link to the raw numbers is [URL='https://www.ssa.gov/oact/STATS/cpiw.html']here.[/URL] Read Article 33 if you want more info on COLA. [/QUOTE]
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