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    Updated August 24, 2010    
    
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August 2010
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August 18, 2010
  Contract COLA
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August 2010
NOTE: The general wage increase is calculated relative to the pay schedule from the opening of the contract in 2006, not the most recently updated pay schedule
   
Seventh Contract COLA: 0%

The seventh cost-of-living adjustment (COLA) under the 2006-2011 National Agreement is zero because the CPI in July is still below the highest level of 644.303 at the July 2008 COLA, following the release August 17 of the July Consumer Price Index (CPI).

The next COLA, the eighth of eight possible, will reflect the increase in the CPI of January 2011.

There are eight COLAs included in the Agreement.

2011 Retiree COLA: 0%

There again was no projected accumulation toward the 2011 COLA for retirees following the August release of the July figures. The 2011 COLA will be based on the increase in the CPI between the third quarter of 2008—the previous high point—and the third quarter of 2010.

Click here for further details about the retiree COLA.

2011 FECA COLA: 1%

The accumulation toward the 2011 COLA under the Federal Employees Compensation Act (FECA) stood at 1 percent following the release of the July 2010 CPI.

FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

   
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