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Second COLA under 2011-2016 National Agreement

Following the Aug. 15, 2013 release of the July 2013 Consumer Price Index, the second cost-of-living adjustment for letter carriers under the 2011-2016 National Agreement is $541 annually.

This second cost-of-living adjustment was based on the increase in the Consumer Price Index between January 2013 and July 2013. It amounts to 26 cents per hour, the equivalent of $20.80 per pay period.

Note that under the terms of the 2011-2016 agreement, payment of this second cost-of-living adjustment is deferred for one year and will take effect in the second full pay period after the scheduled Aug. 19 release of the July 2014 Consumer Price Index—that is, Pay Period 20 (pay date Sept. 26).