COLA

COLA For Employees Covered by the National Agreement
In July, the final month of the six-month adjustment period for the sixth COLA under the 2018 Agreement, the CPI-W Unadjusted Index (1967=100) rose from last month to 797.661; an increase over the January 2021 index point upon which employees received the last COLA.

As a result of the rise in index level, the following COLA adjustment will be applied to each step of the basic annual salary for all employees covered under the 2018-2021 Collective Bargaining Agreement effective August 28, 2021 (pay period 19-2021, pay date September 17, 2021).

The sixth COLA under the 2018 National Agreement will be $1,935.00:

Monthly Tracking

Amount

Per Annum

$1,935.00

Per Pay Period

$74.40

Cents Per Hour

$0.93

Under the 2018 National Agreement, employees accrued the following adjustments totaling $3,349.00:

#

Amount

Effective Date

Pay Period

Pay Date

1

$0.00

March 2, 2019

06-2019

March 22, 2019

2

$624.00

August 31, 2019

19-2019

September 20, 2019

3

$166.00

February 29, 2020

06-2020

March 20, 2020

4

$208.00

August 29, 2020

19-2020

September 18, 2020

5

$416.00

February 27, 2021

06-2021

March 19, 2021

6

$1,935.00

August 28, 2021

19-2021

September 17, 2021

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