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
Iowa Postal News 