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Brown Cafe UPS Forum
UPS Union Issues
Cost Of Living Raise
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<blockquote data-quote="DaFatBunny" data-source="post: 4890353" data-attributes="member: 75627"><p>The estimate for COLA in this thread are all off because they think they language in the contract is saying we get 1 cent for every 0.2% increase in the CPI-W above 3%, but we actually get 1 cent for every 0.2 points above 3% higher than the previous May. YOY we saw an inflation rate of 5.6%, and the points were 6.6 above the 3% threshold. This means the COLA will be 33 cents, before the union gets their cut. I go into the contract, math, and links <a href="https://www.browncafe.com/community/threads/cola-is-a-33-cent-adjustment-to-top-scale.390808/" target="_blank">in this thread</a>.</p></blockquote><p></p>
[QUOTE="DaFatBunny, post: 4890353, member: 75627"] The estimate for COLA in this thread are all off because they think they language in the contract is saying we get 1 cent for every 0.2% increase in the CPI-W above 3%, but we actually get 1 cent for every 0.2 points above 3% higher than the previous May. YOY we saw an inflation rate of 5.6%, and the points were 6.6 above the 3% threshold. This means the COLA will be 33 cents, before the union gets their cut. I go into the contract, math, and links [URL='https://www.browncafe.com/community/threads/cola-is-a-33-cent-adjustment-to-top-scale.390808/']in this thread[/URL]. [/QUOTE]
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