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 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

2016-2019 National Agreement

Under the terms of the 2016-2019 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:

Selected previous National Agreement pay tables are available below.

Pay tables under the 2016-2019 National Agreement

 

Cost-of-living adjustments (COLAs)

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

September 2018 cost-of-living adjustment memo

October 11, 2018

209 Retiree COLAs: 2.8%

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (246.352).

The difference between the 3rd quarter of 2018 (246.352) and the 3rd quarter of 2017 (239.668) is 6.684 points or 2.8%. As a result, the 2019 CSRS and FERS COLAs will be 2.8%.

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.

Contract COLA: Accumulated COLA is $62 through October

The projected accumulation toward the sixth regular COLA under the 2016-2019 National Agreement stood at $62 annually in October following the release of the September 2018 Consumer Price Index.

On October 11, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 734.441 in September, 35.861 points above the base level of 698.580 in July 2014. After adding the 0.6025 cents carried forward from the fifth adjustment period, the accumulated COLA through October stood at 3 cents per hour or $62 annually.

The sixth COLA will be based on the increase in the CPI-W between the base index month and January 2019, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2019 index. The five COLAs that have been calculated under the 2016-2019 National Agreement, totaling 86 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), 4th COLA, 25 cents per hour ($520 annually), and the 5th COLA, 31 cents per hour ($645 annually).

2019 FECA COLA projection: 2.5% as of October 2018

Based on the release of the September 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.5%. The September 2018 CPI-W (246.565) was 2.5% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.
FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date. 

 

 

September 2018 cost-of-living adjustment memo

October 11, 2018

2019 Retiree COLAs: 2.8%

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (246.352).

The difference between the 3rd quarter of 2018 (246.352) and the 3rd quarter of 2017 (239.668) is 6.684 points or 2.8%. As a result, the 2019 CSRS and FERS COLAs will be 2.8%.

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.

Contract COLA: Accumulated COLA is $62 through October

The projected accumulation toward the sixth regular COLA under the 2016-2019 National Agreement stood at $62 annually in October following the release of the September 2018 Consumer Price Index.

On October 11, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 734.441 in September, 35.861 points above the base level of 698.580 in July 2014. After adding the 0.6025 cents carried forward from the fifth adjustment period, the accumulated COLA through October stood at 3 cents per hour or $62 annually.

The sixth COLA will be based on the increase in the CPI-W between the base index month and January 2019, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2019 index. The five COLAs that have been calculated under the 2016-2019 National Agreement, totaling 86 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), 4th COLA, 25 cents per hour ($520 annually), and the 5th COLA, 31 cents per hour ($645 annually).

2019 FECA COLA projection: 2.5% as of October 2018

Based on the release of the September 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.5%. The September 2018 CPI-W (246.565) was 2.5% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.
FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

August 2018 cost-of-living adjustment memo

September 13, 2018

Contract COLA: Accumulated COLA is $21 through September
 
The projected accumulation toward the sixth regular COLA under the 2016-2019 National Agreement stood at $21 annually in September following the release of the August 2018 Consumer Price Index.
 
On September 13, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 733.760 in August, 35.180 points above the base level of 698.580 in July 2014. After adding the 0.6025 cents carried forward from the fifth adjustment period, the accumulated COLA through September stood at 1 cent per hour or $21 annually.
 
The sixth COLA will be based on the increase in the CPI-W between the base index month and January 2019, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2019 index. The five COLAs that have been calculated under the 2016-2019 National Agreement, totaling 86 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), 4th COLA, 25 cents per hour ($520 annually), and the 5th COLA, 31 cents per hour ($645 annually).
 
2019 Retiree COLAs Projection: 2.8% as of August 2018
 
The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).
 
Based on the August 2018 CPI-W (1982-84=100) of 246.336, the 2019 CSRS and FERS COLAs are currently projected to be 2.8%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.
 
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.
 
2019 FECA COLA projection: 2.4% as of August 2018
 
Based on the release of the August 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.4%. The August 2018 CPI-W (246.336) was 2.4% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.
  
FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date. 

July 2018 cost-of-living adjustment memo

August 10, 2018

Contract COLA: 5th COLA is $645

The fifth regular COLA under the 2016-2019 National Agreement is $645 annually following the release of the July 2018 Consumer Price Index.

On August 10, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 733.221 in July, 34.641 points above the base index of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through July stood at 31 cents per hour or $645 annually.

The sixth COLA will be based on the increase in the CPI-W between the base index month and January 2019, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2019 index. The five COLAs that have been calculated under the 2016-2019 National Agreement, totaling 86 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), 4th COLA, 25 cents per hour ($520 annually), and the 5th COLA, 31 cents per hour ($645 annually).

2019 Retiree COLAs Projection: 2.7% as of July 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the July 2018 CPI-W (1982-84=100) of 246.155, the 2019 CSRS and FERS COLAs are currently projected to be 2.7%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 2.3% as of July 2018

Based on the release of the July 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.3%. The July 2018 CPI-W (246.155) was 2.3% above the December 2017 base index (240.526).

The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.
FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date. 

June 2018 cost-of-living adjustment memo

July 12, 2018

Contract COLA: Accumulated COLA is $645 through July

The projected accumulation toward the fifth regular COLA under the 2016-2019 National Agreement stood at $645 annually in July following the release of the June 2018 Consumer Price Index.

On July 12, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 733.343 in June, 34.763 points above the base level of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through June stood at 31 cents per hour or $645 annually.The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index.

The four COLAs previously calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 2.7% as of June 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the June 2018 CPI-W (1982-84=100) of 246.196, the 2019 CSRS and FERS COLAs are currently projected to be 2.7%.

The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.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.

2019 FECA COLA projection: 2.4% as of June 2018

Based on the release of the June 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.4%. The June 2018 CPI-W (246.196) was 2.4% above the December 2017 base index (240.526).

The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date. 

May 2018 cost-of-living adjustment memo

June 12, 2018

Contract COLA: Accumulated COLA is $582 through May

The projected accumulation toward the fifth regular COLA under the 2016-2019 National Agreement stood at $582 annually in June following the release of the May 2018 Consumer Price Index.

On June 12, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 732.074 in May, 33.494 points above the base level of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through June stood at 28 cents per hour or $582 annually.

The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index. The four COLAs previously calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 2.5% as of May 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the May 2018 CPI-W (1982-84=100) of 245.770, the 2019 CSRS and FERS COLAs are currently projected to be 2.5%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 2.2% as of May 2018

Based on the release of the May 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 2.2%. The May 2018 CPI-W (245.770) was 2.2% above the December 2017 base index (240.526).

The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

April 2018 cost-of-living adjustment memo

May 10, 2018

Contract COLA: Accumulated COLA is $416 through May

The projected accumulation toward the fifth regular COLA under the 2016-2019 National Agreement stood at $416 annually in May following the release of the April 2018 Consumer Price Index.

On May 10, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 728.609 in April, 30.029 points above the base level of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through May stood at 20 cents per hour or $416 annually.

The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index. The four COLAs previously calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 2.1% as of April 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the April 2018 CPI-W (1982-84=100) of 244.607, the 2019 CSRS and FERS COLAs are currently projected to be 2.1%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 1.7% as of April 2018

Based on the release of the April 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 1.7%. The April 2018 CPI-W (244.607) was 1.7% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.

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

March 2018 cost-of-living adjustment memo

April 11, 2018

Contract COLA: Accumulated COLA is $229 through April

The projected accumulation toward the fifth regular COLA under the 2016-2019 National Agreement stood at $229 annually in April following the release of the March 2018 Consumer Price Index.

On April 11, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 725.202 in March, 26.622 points above the base level of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through April stood at 11 cents per hour or $229 annually.

The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index. The four COLAs previously calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 1.6% as of March 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the March 2018 CPI-W (1982-84=100) of 243.463, the 2019 CSRS and FERS COLAs are currently projected to be 1.6%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 1.2% as of March 2018

Based on the release of the March 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 1.2%. The March 2018 CPI-W (243.463) was 1.2% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.

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

February 2018 cost-of-living adjustment memo

March 13, 2018

Contract COLA: Accumulated COLA is $166 through March

The projected accumulation toward the fifth regular COLA under the 2016-2019 National Agreement stood at $166 annually in March following the release of the February 2018 Consumer Price Index.

On March 13, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 723.788 in February, 25.208 points above the base level of 698.580 in July 2014. After adding the 0.06 cents carried forward from the fourth adjustment period, the accumulated COLA through March stood at 8 cents per hour or $166 annually.

The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index. The four COLAs previously calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 1.4% as of February 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the February 2018 CPI-W (1982-84=100) of 242.988, the 2019 CSRS and FERS COLAs are currently projected to be 1.4%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 1.0% as of February 2018

Based on the release of the February 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 1.0%. The February 2018 CPI-W (242.988) was 1.0% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.

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

January 2018 cost-of-living adjustment memo

Feb. 14, 2018

Contract COLA: 4th COLA is $520

The fourth regular COLA under the 2016-2019 National Agreement is $520 annually following the release of the January 2018 Consumer Price Index.

On February 14, the Bureau of Labor Statistics announced that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 720.604 in January, 22.024 points above the base index of 698.580 in July 2014. After adding the 0.465 cents carried forward from the third adjustment period, the accumulated COLA through February stood at 25 cents per hour or $520 annually.

The fifth COLA will be based on the increase in the CPI-W between the base index month and July 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the July 2018 index. The four COLAs that have been calculated under the 2016-2019 National Agreement, totaling 55 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), 3rd COLA, 13 cents per hour ($270 annually), and the 4th COLA, 25 cents per hour ($520 annually).

2019 Retiree COLAs Projection: 0.9% as of January 2018

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the January 2018 CPI-W (1982-84=100) of 241.919, the 2019 CSRS and FERS COLAs are currently projected to be 0.9%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2019 FECA COLA projection: 0.6% as of January 2018

Based on the release of the January 2018 CPI-W (1982-84=100), the 2019 FECA COLA projection is 0.6%. The January 2018 CPI-W (241.919) was 0.6% above the December 2017 base index (240.526). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.

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

December 2017 cost-of-living adjustment memo

Jan. 12, 2018

2018 FECA COLA: 2.2%

Based on the release of the December 2017 CPI-W (1982-84=100), the 2018 FECA COLA is 2.2%. The December 2017 CPI-W (240.526) was 2.2% above the December 2016 base index (235.390). The 2019 FECA COLA calculation will be finalized when the December 2018 CPI-W is published during the month of January 2019.

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 $291 through January

The projected accumulation toward the fourth regular COLA under the 2016-2019 National Agreement between NALC and USPS stood at $291 annually in January following the release of the Consumer Price Index for December 2017.

The Bureau of Labor Statistics announced on January 12 that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 716.454 in December, 17.874 points above the base level of 698.580 in July 2014. After adding the 0.465 cents carried forward from the third adjustment period, the accumulated COLA through January stood at 14 cents per hour or $291 annually.

The fourth COLA will be based on the increase in the CPI-W between the base index month and January 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2018 index. The three COLAs previously calculated under the 2016-2019 National Agreement, totaling 30 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), and 3rd COLA, 13 cents per hour ($270 annually).

2019 Retiree COLAs Projection: 0.4% as of December 2017

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the December 2017 CPI-W (1982-84=100) of 240.526, the 2019 CSRS and FERS COLAs are currently projected to be 0.4%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

November 2017 cost-of-living adjustment memo

Dec. 13, 2017

Contract COLA: Accumulated COLA is $312 through December

The projected accumulation toward the fourth regular COLA under the 2016-2019 National Agreement between NALC and USPS stood at $312 annually in December following the release of the Consumer Price Index for November 2017.

The Bureau of Labor Statistics announced on December 13 that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 716.871 in November, 18.291 points above the base level of 698.580 in July 2014. After adding the 0.465 cents carried forward from the third adjustment period, the accumulated COLA through December stood at 15 cents per hour or $312 annually.

The fourth COLA will be based on the increase in the CPI-W between the base index month and January 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2018 index. The three COLAs previously calculated under the 2016-2019 National Agreement, totaling 30 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), and 3rd COLA, 13 cents per hour ($270 annually).

2019 Retiree COLAs Projection: 0.4% as of November 2017

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the November 2017 CPI-W (1982-84=100) of 240.666, the 2019 CSRS and FERS COLAs are currently projected to be 0.4%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

2018 FECA COLA Projection: 2.2% as of November 2017

Based on the release of the November 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 2.2%. The November 2017 CPI-W (240.666) was 2.2% above the December 2016 base index (235.390). The FECA COLA calculation will be finalized when the December 2017 CPI-W is published during the month of January 2018.

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

October 2017 cost-of-living adjustment memo

Nov. 14, 2017

Accumulated contract COLA is $312 through November

The projected accumulation toward the fourth regular COLA under the 2016-2019 National Agreement between NALC and USPS stood at $312 annually in November following the release of the Consumer Price Index for October 2017.

The Bureau of Labor Statistics announced on November 15 that the CPI for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) stood at 716.594 in October, 18.014 points above the base level of 698.580 in July 2014. After adding the 0.465 cents carried forward from the third adjustment period, the accumulated COLA through November stood at 15 cents per hour or $312 annually.

The fourth COLA will be based on the increase in the CPI-W between the base index month and January 2018, less any previously calculated COLAs, and will be payable the second full pay period following the release of the January 2018 index. The three COLAs previously calculated under the 2016-2019 National Agreement, totaling 30 cents per hour, are as follows: 1st COLA, 1 cent per hour ($21 annually), 2nd COLA, 16 cents per hour ($333 annually), and 3rd COLA, 13 cents per hour ($270 annually).

2018 Retiree COLA Projection: 0.4%

The 2019 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2017 (239.668) and the 3rd quarter of 2018 (TBA).

Based on the October 2017 CPI-W (1982-84=100) of 240.573, the 2019 CSRS and FERS COLAs are currently projected to be 0.4%. The 2019 retiree COLA calculation will be finalized in October 2018 with the release of the CPI-W for September 2018.

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.

As was previously announced, the 2018 CSRS and FERS COLAs will be 2 percent.

2018 FECA COLA Projection: 2.2%

Based on the release of the October 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 2.2%. The October 2017 CPI-W (240.573) was 2.2% above the December 2016 base index (235.390). The FECA COLA calculation will be finalized when the December 2017 CPI-W is published during the month of January 2018.

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

September 2017 cost-of-living adjustment memo

Oct. 13, 2017

Contract COLA: 4th COLA projection is $354 annually

The September 2017 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) was 717.684, an increase of 19.104 points over the contract’s July 2014 base index of 698.580. Each full 0.4 point increase above the base index equals a 1-cent-per-hour increase. As a result, the fourth cost-of-living adjustment (COLA) projection is 17 cents per hour, or $354 annually.

The COLA calculation is made by: (1) calculating the cents per hour increase from the base index to the current index and (2) subtracting the contract COLAs that have already been included in the pay tables from the amount calculated in Step 1.

The cents-per-hour increase from the base index to the current index is 47 cents. The contract COLAs that have already been included in the pay tables total 30 cents per hour. Forty-seven cents per hour minus 30 cents per hour is 17 cents per hour. Seventeen cents per hour, or $354 annually, is the contract COLA projection.

The three COLAs previously calculated under the 2016-2019 National Agreement, totaling 30 cents per hour, are as follows: First COLA, 1 cent per hour ($21 annually); Second COLA, 16 cents per hour ($333 annually); and third COLA, 13 cents per hour ($270 annually).

2018 Retiree COLAs: 2%

The 2018 COLAs for Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) benefits are based on the increase in the average CPI-W between the third quarter of 2016 (235.057) and the third quarter of 2017 (239.668).

The difference between the third quarter of 2017 (239.668) and the third quarter of 2016 (235.057) is 4.611 points, or 2 percent. As a result, the 2018 CSRS and FERS COLAs will be 2 percent.

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.

2018 FECA COLA Projection: 2.4% as of September 2017

Based on the release of the September 2017 CPI-W (1982-84=100), the 2018 Federal Employees' Compensation Act (FECA) COLA is projected to be 2.4 percent. The September 2017 CPI-W (240.939) was 2.4 percent above the December 2016 base index (235.390). The FECA COLA calculation will be finalized when the December 2017 CPI-W is published in January 2018.

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

August 2017 cost-of-living adjustment memo

Sept. 14, 2017

Contract COLA: 4th COLA Projection Is $125 Annually

The August 2017 CPI-W (1967=100) was 713.243, an increase of 14.663 points over the contract’s July 2014 base index of 698.580. Each full 0.4 point increase above the base index equals a 1 cent per hour increase.

As a result, the fourth cost-of-living adjustment (COLA) projection is 6 cents per hour, or $125 annually.

The COLA calculation was made by:

  1. calculating the cents-per-hour increase from the base index to the current index, and
  2. subtracting the contract COLAs that have already been included in the pay tables from the amount calculated in Step 1.

The cents-per-hour increase from the base index to the current index is 36 cents. The contract COLAs that have already been included in the pay tables total 30 cents per hour; 36 cents per hour minus 30 cents per hour is 6 cents per hour, so 6 cents per hour, or $125 annually, is the contract COLA projection.

The three COLAs previously calculated under the 2016-2019 National Agreement, totaling 30 cents per hour, are as follows: First COLA, 1 cent per hour ($21 annually); second COLA, 16 cents per hour ($333 annually); and third COLA, 13 cents per hour ($270 annually).

2018 Retiree COLAs Projection: 1.9% as of August 2017

The 2018 cost-of-living-adjustments (COLAs) for Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) benefits will be based on the increase in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) between the third quarter of 2016 (235.057) and the third quarter of 2017 (TBA).

Based on the August 2017 CPI-W (1982-84=100) of 239.448, the 2018 CSRS and FERS COLAs are currently projected to be 1.9 percent. The retiree COLA calculation will be finalized next month when the September 2017 CPI-W is published.

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.

2018 FECA COLA Projection: 1.7% as of August 2017

Based on the release of the August 2017 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W, 1982-84=100), the 2018 2018 Federal Employees' Compensation Act (FECA) cost-of-living adjustment (COLA) is currently projected to be 1.7 percent. The August 2017 CPI-W (239.448) was 1.7 percent above the December 2016 base index (235.390). The FECA COLA calculation will be finalized when the December 2017 CPI-W is published during the month of January 2018.

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

July 2017 cost-of-living adjustment memo

Aug. 11, 2017

Contract COLA: 3rd COLA Will Be $270 Annually

The July 2017 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W, 1967=100) was 710.766, an increase of 12.186 points over the 2016-2019 National Agreement’s July 2014 base index of 698.580. Each full 0.4 point increase above the base index equals a 1-cent-per-hour increase.

As a result, the third cost-of-living-adjustment (COLA) under then 2016-2019 National Agreement will be 13 cents per hour, or $270 annually.

The COLA calculation was made by:

  1. calculating the cents-per-hour increase from the base index to the current index, and
  2. subtracting the contract COLAs that have already been included in the pay tables from the amount calculated in Step 1.

The cents-per-hour increase from the base index to the current index is 30 cents. The contract COLAs that have already been included in the pay tables total 17 cents per hour. Thirty cents per hour minus 17 cents per hour is 13 cents per hour; 13 cents per hour, or $270 annually, is the third contract COLA.

The two COLAs previously calculated under the 2016-2019 National Agreement, totaling 17 cents per hour, are as follows: First COLA, 1 cent per hour ($21 annually); second COLA, 16 cents per hour ($333 annually).

2018 Retiree COLAs Projection: 1.5% as of July 2017

The 2018 cost-of-living-adjustments (COLAs) for Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) benefits will be based on the increase in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) between the third quarter of 2016 (235.057) and the third quarter of 2017 (TBA).

Based on the July 2017 CPI-W (1982-84=100) of 238.617, the 2018 CSRS and FERS COLAs are currently projected to be 1.5 percent. The retiree COLA calculation will be finalized when the September 2017 CPI-W is published in October.

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.

2018 FECA COLA Projection: 1.4% as of July 2017

Based on the release of the July 2017 Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W, 1982-84=100), the 2018 2018 Federal Employees' Compensation Act (FECA) cost-of-living adjustment (COLA) is currently projected to be 1.4 percent. The July 2017 CPI-W (238.617) was 1.4 percent above the December 2016 base index (235.390). The FECA COLA calculation will be finalized when the December 2017 CPI-W is published in January.

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

June 2017 cost-of-living adjustment memo

July 14, 2017

2018 Retiree COLAs Projection: 1.6% as of June 2017

The 2018 cost-of-living adjustments (COLAs) for Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) benefits will be based on the increase in the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) between the third quarter of 2016 (235.057) and the third quarter of 2017 (TBA).

Based on the June 2017 CPI-W (1982-84=100) of 238.609, the 2018 CSRS and FERS COLAs are currently projected to be 1.6 percent.

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.

2018 FECA COLA Projection: 1.5% as of May 2017

Based on the release of the June 2017 CPI-W (1982-84=100), the 2018 Federal Employees' Compensation Act (FECA) cost-of-living adjustment (COLA) is currently projected to be 1.5 percent. The June 2017 CPI-W (238.609) was 1.5 percent above the December 2016 base index (235.390).

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

May 2017 cost-of-living adjustment memo

June 14, 2017

2018 Retiree COLAs Projection: 1.5% as of May 2017

The 2018 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2016 (235.057) and the 3rd quarter of 2017 (TBA).

Based on the May 2017 CPI-W (1982-84=100) of 238.609, the 2018 CSRS and FERS COLAs are currently projected to be 1.5%.

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.

2018 FECA COLA Projection: 1.4% as of May 2017

Based on the release of the May 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 1.4%. The May 2017 CPI-W (238.609) was 1.4% above the December 2016 base index (235.390).

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

April 2017 cost-of-living adjustment memo

May 12, 2017

2018 Retiree COLAs Projection: 1.4% as of April 2017

The 2018 cost-of-living adjustments (COLAs) for Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) benefits will be based on the increase in the average Consumer Price Index-Workers (CPI-W) between the third quarter of 2016 (235.057) and the third quarter of 2017 (TBA).

Based on the April 2017 CPI-W (1982-84=100) of 238.432, the 2018 CSRS and FERS COLAs are currently projected to be 1.4 percent.

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.

2018 FECA COLA Projection: 1.3% as of April 2017

Based on the release of the April 2017 CPI-W (1982-84=100), the 2018 Federal Employees’ Compensation Act (FECA) COLA is currently projected to be 1.3 percent. The April 2017 CPI-W (238.432) was 1.3 percent above the December 2016 base index (235.390).

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

March 2017 cost-of-living adjustment memo

April 14, 2015

2018 Retiree COLAs Projection: 1.1% as of March 2017

The 2018 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2016 (235.057) and the 3rd quarter of 2017 (TBA).

Based on the March 2017 CPI-W (1982-84=100) of 237.656, the 2018 CSRS and FERS COLAs are currently projected to be 1.1%.

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.

2018 FECA COLA Projection: 1% as of March 2017

Based on the release of the March 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 1%. The March 2017 CPI-W (237.656) was 1% above the December 2016 base index (235.390).

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

February 2017 cost-of-living adjustment memo

March 15, 2017

2018 Retiree COLAs Projection: 1% as of February 2017

The 2018 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2016 (235.057) and the 3rd quarter of 2017 (TBA).

Based on the February 2017 CPI-W (1982-84=100) of 237.477, the 2018 CSRS and FERS COLAs are currently projected to be 1 percent.

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.

2018 FECA COLA Projection: 0.9% as of February 2017

Based on the release of the February 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 0.9 percent. The February 2017 CPI-W (237.477) was 0.9% above the December 2016 base index (235.390).

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

January 2017 cost-of-living adjustment memo

Feb. 15, 2017

2018 Retiree COLAs Projection: 0.8% as of January 2017

The 2018 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2016 (235.057) and the 3rd quarter of 2017 (TBA).

Based on the January 2017 CPI-W (1982-84=100) of 236.854, the 2018 CSRS and FERS COLAs are currently projected to be 0.8%.

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.

2018 FECA COLA Projection: 0.6% as of January 2017

Based on the release of the January 2017 CPI-W (1982-84=100), the 2018 FECA COLA is currently projected to be 0.6%. The January 2017 CPI-W (236.854) was 0.6% above the December 2016 base index (235.390).

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

 

FERS and CSRS annuity projections

Most recent estimate of Civil Service Retirement System (CSRS) annuity payments for letter carriers about to retire.

Archives: 2016 | 2015 | 2014 | 2013

Most recent estimate of Federal Employees Retirement System (FERS) retirement benefits for letter carriers about to retire.

Archives: 2016 | 2015 | 2014 | 2013

 

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

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

 

Postal Service performance and the postal sector

For more information on the postal sector and the broader economy, check out the Economics page. It includes both NALC Research blog posts and links to posts created by other organizations that may be useful to letter carriers in their advocacy efforts.