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Accumulation toward fifth COLA under 2011-2016 National Agreements

Following the Sept. 17, 2014 release of the August Consumer Price Index (CPI), the accumulation toward the fifth cost-of-living adjustment (COLA) for letter carriers under the 2011-2016 National Agreement was $0 annually.

This COLA will be based on the increase in the CPI between July 2014 and January 2015.

Under the terms of the 2011-2016 agreement, payment of this fifth cost-of-living adjustment will take effect in the second full pay period after the release of the January 2015 CPI.