Nalc Contract 2021 Pay Scale
Most eligible municipal factors will receive a retroactive payment under the 2019-2023 National Agreement on their August 20 paycheques. The payment arrears for certain former City Carrier assistants converted to career status between November 23, 2019 and April 9, 2021 will have to be calculated manually, which will result in late payment. This issue was discovered during a recent process quality inspection. We are discussing the issue with representatives of the USPS headquarters. As soon as additional information is available, it will be published here on the NALC website. 2021 Retiree Cola Forecast: 1.4% as of August 2020The 2021 COLA for CSRS and FERS services is based on the increase in the average CPI-W between Q3 2019 (250,200) and Q3 2020 (To be confirmed). Based on the August 2020 CPI-W (1982-84 = 100) of 253,597, CSRS and COLA FERS are currently estimated at 1.4% for 2021. The calculation of the COA for 2021 retirees will be completed in October 2020 with the publication of the CPI-W for September 2020. CSRS pensions receive full COLA; COLA for FERS pensions are payable for retirees aged 62 and over and can be reduced by up to one percentage point compared to the increase in the CPI.2021 FeCA COLA projection: 1.3% from August 2020Based on the publication of the CPI-W of August 2020 (1982-84 = 100), the FECA COLA projection for 2020 is 1.3%. The August 2020 CPI-W of 253.597 was 1.3% higher than the December 2019 base index of 250.452. The calculation of the FECA COLA for 2021 will be completed by the publication of the CPI-W in December 2020 in January 2021. ACE-COLA only apply in cases where the death or disability occurred more than one year before the effective date of the adjustment.
This page contains the latest information on the current NALC salary scales, the NALC Contract Cost Adjustments (COLA), and the FERS and CSRS pension forecasts. The page also includes a graph showing changes in the Consumer Price Index (CPI) for urban and office workers, the index used to calculate cost-of-living adjustments (COLA) that apply to active and retired airlines. The additional payment will be calculated for all hours paid between November 23, 2019 (the date of the first general salary increase in the agreement) and April 9, 2021 (the day before the introduction of new wage rates, as explained here). The following salary increases will be included in the retroactive remuneration from the respective effective date: The refund will be calculated from the dates specified above until April 9, 2021. The postal service said it will take some time to calculate the payment backlog for more than 210,000 factors, but expects the process to be completed and payments to be made in July. . On July 11, 2019, the Bureau of Labor Statistics announced that the CPI for urban and clerical workers (CPI-W, 1967 = 100) stood at 743,920 in June, 45,340 points higher than the baseline level of 698,580 in July 2014. The cumulative COLA was 27 cents per hour, or $562 per year, until June.
. *Municipal airline assistants will receive the above-mentioned additional increases of 1.0% instead of cost-of-living adjustments in accordance with Article 9.7 of the National Agreement. You will also find information on the performance of the postal service and information on developments in the postal sector in general. The new rates can be found in the postman`s new tariff plan, which is available here… The projected accumulation for the seventh regular COLA under the 2016-2019 National Agreement was $562 per year in July following the june 2019 release of the Consumer Price Index. . On the 10th. In April, all the factors in the city began earning their new wage rates in accordance with the 2019 national agreement.
The new wage rates are as follows:. . . The seventh regular COLA under the 2016-2019 national agreement is 624 per year US-Dollar.Am August 13, the Bureau of Labor Statistics announced that the CPI for urban and office workers (CPI-W, 1967 = 100) was 745,376 in July, 46,796 points above the core index of 698,580 in July 2014. . The difference between Q3 2018 (246,352) and Q3 2017 (239,668) is 6,684 points or 2.8%. As a result, the CSRS COLA 2019 is 2.8% and the COLA FERS is 2.0%. Information on the CPI can be found on the Website of the Ministry of Labor`s Bureau of Labor Statistics.
More information on the postal sector and the economy in general can be found on the Economy page. It contains both blog posts from NALC Research and links to articles created by other organizations that may be helpful to factors in their advocacy efforts… – Click on the image to enlarge (opens in a new window) * The above cost of living increases are paid proportionally to the city operators in Table 2 in accordance with Article 9.3.E of the National Convention. . The fourth regular cost-of-living adjustment under the 2019-2023 National Agreement will be $1,934 per year for the factors in Table 1 and Stage O of Table 2. Cost-of-living increases shall be paid proportionately to the urban transport undertakings in Table 2 in accordance with Article 9.3.E of the National Agreement. This adjustment will take effect on August 28 and will be reflected in the September 17 paycheques. Contract Cola: Cumulative COLA is $562 through July 2019 Under the terms of the 2016-2019 National Agreement between the National Association of Letter Carriers and the U.S. Postal Service, this salary and tariff scale is the current salary range for all employees represented by NALC:. .