COLA For Employees Covered by the National Agreement

In April, the third 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 778.147; an increase over the January 2021 Index point upon which employees received the last COLA.

If the adjustment was made based on the April 2021 Index, the adjustment would be:

Monthly Tracking

Amount

Per Annum

$916.00

Per Pay Period

$35.20

Cents Per Hour

$0.44

However, the sixth COLA under the 2018 National Agreement will be based on the July 2021 Index and would be effective August 28, 2021 (pay period 19-2021, pay date September 17, 2021).  

Under the 2018 National Agreement, employees accrued the following adjustments totaling $1,414.00:

#

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