Follow us! >

NPMHU – FOURTH COST-OF-LIVING ADJUSTMENT SET AT $978

Effective September 7, 2024 (Pay Period 20-2024), all career Mail Handler craft employees are scheduled to receive a cost-ofliving (COLA) adjustment as outlined in Article 9.3 of the 2022 National Agreement.
This is the fourth of six possible COLA increases under the terms of the current agreement. This COLA increase is based on the upward change in the relevant Consumer Price Index (CPI) following release of the July 2024 Index, using the July 2022 CPI index as a base.
The resulting calculation provides an annual increase of $978 for all Steps in Table 1 and for Step P of Table 2. The remaining Steps in Table 2 will receive the proportional COLA increase percentages as outlined in Article 9.3 of the National Agreement.

Sign up to receive our Daily Postal News blast

Related Articles

Tell us what you think below!

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Hot this week

Postal Service plans to ‘open up the last mile’ for more shippers

The U.S. Postal Service aims to "better utilize and monetize" its first-mile and last-mile capabilities through expanded services for both small and large shippers

Federal charges expected against Van Wert postal carrier who allegedly burned undelivered mail

VAN WERT — The case of a Van Wert postal carrier who allegedly burned undelivered mail will be heard in federal court.

Consider these Post Offices for your bucket list

Condé Nast Traveler magazine recently published its list of international Post Offices so unusual they’ve become tourist attractions in their own right. Not surprisingly, two of these postal landmarks are in the United States

U.S. Postal Service Reports Fiscal Year 2025 Results

WASHINGTON - The U.S. Postal Service today announced its financial results for the 2025 fiscal year ended September 30.

USPS sees $9 billion net loss in FY 2025, renews push to borrow more from Treasury

The Postal Service is seeing deeper financial losses than expected this year, but does not expect to veer much from a 10-year reform plan that it is nearly midway through completing.
spot_img

Related Articles

Popular Categories

spot_imgspot_img
Secret Link
0
Would love your thoughts, please comment.x
()
x