News & information

Pay tables, COLA info, annuity projections

This page contains the latest information on current NALC pay tables, NALC contract cost-of-living adjustments (COLAs) and FERS and CSRS annuity projections. The page also contains a graph showing changes to the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers, the index used to calculate Cost of Living Adjustments (COLA) that apply to active and retired carriers.

You also will find information about Postal Service performance and information about developments in the postal sector generally.

Letter carrier pay table

2019-2023 National Agreement

Under the terms of the 2019-2023 National Agreement between the National Association of Letter Carriers and the United States Postal Service, this salary and rate schedule is the current paychart for all NALC represented employees:

Click the table above to open it as a PDF


City Carrier Wage Schedule Effective February 26, 2022

The Postal Service has advised NALC that the PTF hourly rates in the new City Carrier Wage Schedule effective February 26, 2022 are not expected to be fully implemented until March 26, 2022 (Pay Period 8).

The Postal Service has also advised NALC that any backpay due to the delay in implementing the additional hourly holiday pay for eligible Part-time Flexible City Letter Carriers will be paid retroactive to January 1, 2022.


Selected previous National Agreement pay tables are available below.

 

Cost-of-living adjustments (COLAs)

CPI chart

—click on image to see a larger version (opens a new window)

Janaury 2023 cost-of-living adjustment memo

Janaury 12

2023 FECA COLA: 6.3% 

Based on the release of the December 2022 CPI-W (1982-84=100), the 2023 FECA COLA projection is 6.3%. The December 2022 CPI-W of 291.051 was 6.3% above the December 2021 base index
(273.925).

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

Contract COLA: Accumulated COLA is $0 through December 2022

The projected accumulation toward the seventh regular COLA under the 2019-2023 National Agreement was $0 in January following the release of the December 2022 Consumer Price Index.

On January 12, 2023, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 866.953 in December, 121.577 points above the base level of 745.376 in July 2019. The accumulated COLA through December stood at 0 cents per hour or $0 annually.

The seventh COLA will be based on the increase in the CPI-W between the base index month and January 2023, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2023 index. The six COLAs that have been calculated under the 2019-2023 National Agreement, totaling 312 cents per hour, are as follows: the 1st COLA, 8 cents per hour ($166 annually), the 2nd COLA, 9 cents per hour ($188 annually), the 3rd COLA, 20 cents per hour ($416 annually), the 4th COLA, 93 cents per hour ($1,934 annually), the 5th COLA, 64 cents per hour ($1,331 annually), and the 6th COLA, 118 cents per hour ($2,455 annually).

2024 Retiree COLAs Projection: 0% as of December 2022

The 2024 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2022 (291.901) and the 3rd quarter of 2023 (TBA).

Based on the December 2022 CPI-W (1982-84) of 291.051, the 2024 CSRS and FERS COLAs are currently projected to be 0%. The 2024 retiree COLA calculation will be finalized in October 2023 with the release of the CPI-W for September 2023.

CSRS annuities receive full COLAs; COLAs for FERS annuities are payable for retirees 62 and older and may be reduced by up to one percentage point from the increase in the CPI.

CSRS and FERS annuity projections

Latest on the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers

Information on the CPI can be found on the Department of Labors Bureau of Labor Statistics' web page.