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Sixth contract COLA set at $2,455

The sixth regular cost-of-living adjustment (COLA) for career letter carriers under the 2019-2023 National Agreement is $2,455 annually following the release of the July Consumer Price Index. This increase will be added to every step in Table 1 and Step O in Table 2, and then applied proportionately to Steps A through N in Table 2. The increase will be effective on Aug. 27, 2022.

The sixth COLA alone is at least a 3.8 percent pay increase for each step in the career pay schedules. The five previous COLAs paid under the 2019-2023 National Agreement have resulted in total pay increases for each step in the career pay schedules of at least 6.2 percent. The result is at least a 10 percent increase so far during this contract from COLA increases alone.