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 LINK is for all NALC represented employees.

Selected previous National Agreement pay tables are available below.

 

Cost-of-living adjustments (COLAs)


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

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.

 

August 2016 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.

December 2016 cost-of-living adjustment memo

Jan. 18, 2017

2018 Retiree COLAs Projection: 0.1% as of December 2016

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 December 2016 CPI-W (1982-84=100) of 235.390, the 2018 CSRS and FERS COLAs are currently projected to be 0.1%. 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.

2017 FECA COLA: 2%

Based on the release of the December 2016 CPI-W (1982-84=100), the 2017 FECA COLA will be 2%. The December 2016 CPI-W (235.390) was 2% above the December 2015 base index (230.791). It will become effective on March 1.

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

November 2016 cost-of-living adjustment memo

Dec. 15, 2016

2018 Retiree COLAs Projection: 0.1% as of November 2016

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 November 2016 CPI-W (1982-84=100) of 235.215, the 2018 CSRS and FERS COLAs are currently projected to be 0.1%. 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.

2017 FECA COLA Projection: 1.9%

Based on the release of the November 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 1.9%. The November 2016 CPI-W (235.215) was 1.9% above the December 2015 base index (230.791).

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

2017 Retiree COLAs: 0.3%

The 2017 COLAs for CSRS and FERS benefits will be 0.3%. The COLAs become effective January 2017.

The 2017 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (235.057).

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.

October 2016 cost-of-living adjustment memo

Nov. 17, 2016

2018 Retiree COLAs projection: 0.3%

The 2017 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 November 2016 CPI-W (1982-84=100) of 235.732, the 2018 CSRS and FERS COLAs are currently projected to be 0.3%. 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.

2017 FECA COLA Projection: 2.1%

Based on the release of the October 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 2.0%. The October 2016 CPI-W (235.057) was 2.1% above the December 2015 base index (230.791).

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

7th Contract COLA was $0 (last COLA of the 2011-2016 National Agreement)

The January 2016 CPI-W (1967=100) was 688.259, an increase of 16.360 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, there was no 7th COLA.

The 7th 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 announced from the amount calculated in step 1.

Since the current cents per hour increase from the base index (40 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is 0 cents per hour (no COLA).

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

September 2016 cost-of-living adjustment memo

Oct. 16, 2016

The 2017 COLAs for CSRS and FERS benefits will be 0.3 percent.

The 2017 COLAs for CSRS and FERS benefits are based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (235.057). 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.

Note about the 2014 base period: Since no COLA adjustment took place when the final COLA calculation was made last year (0% COLA, no COLA), the base quarter remains the 3rd quarter of 2014.

2017 FECA COLA Projection: 2%

Based on the release of the September 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 2.0%.

The September 2016 CPI-W (235.057) was 2.0% above the December 2015 base index (230.791).

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

7th Contract COLA was $0 (last COLA of the 2011-2016 National Agreement)

The January 2016 CPI-W (1967=100) was 688.259, an increase of 16.360 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, there was no 7th COLA.

The 7th 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 announced from the amount calculated in step 1.

Since the current cents per hour increase from the base index (40 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is 0 cents per hour (no COLA).

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

August 2016 cost-of-living adjustment memo

Sept. 16, 2016

2017 Retiree COLAs Projection: 0.3% as of September 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (TBA).

Based on the August 2016 CPI-W (1982-84=100) of 234.909, the 2017 CSRS and FERS COLAs are currently projected to be 0.3%. 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.

Note about the 2014 base period: Since no COLA adjustment took place when the final COLA calculation was made last year (0% COLA, no COLA), the base quarter remains the 3rd quarter of 2014.

2017 FECA COLA Projection: 1.8%

Based on the release of the August 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 1.8%.

The August 2016 CPI-W (234.909) was 1.8% above the December 2015 base index (230.791).

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

July 2016 cost-of-living adjustment memo

August 16, 2016

2017 Retiree COLAs Projection: 0.2% as of August 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (TBA).

Based on the July 2016 CPI-W (1982-84=100) of 234.789, the 2017 CSRS and FERS COLAs are currently projected to be 0.2%.

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.

*NOTE ABOUT 2014 BASE PERIOD*

Since no COLA adjustment took place when the final COLA calculation was made last year (0% COLA, no COLA), the base quarter remains the 3rd quarter of 2014.

2017 FECA COLA Projection: 1.7%

Based on the release of the July 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 1.7%.

The July 2016 CPI-W (234.242) was 1.7% above the December 2015 base index (230.791).

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

June 2016 cost-of-living adjustment memo

July 17, 2016

2017 Retiree COLAs Projection: 0.5% as of July 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (TBA).

Based on the June 2016 CPI-W (1982-84=100) of 235.308, the 2017 CSRS and FERS COLAs are currently projected to be 0.5%. 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.

*NOTE ABOUT COLA BASE PERIOD* When there is no COLA in a given year, the base quarter for the COLA calculation does not change. As there was no COLA last year, the base quarter for the 2017 COLA remains the 3rd quarter of 2014.

2017 FECA COLA Projection: 2%

Based on the release of the June 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 2.0%. The June 2016 CPI-W (235.308) was 2.0% above the December 2015 base index (230.791).

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

May 2016 cost-of-living adjustment memo

June 17, 2016

2017 Retiree COLAs Projection: 0.1% as of June 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2016 (TBA).

Based on the May 2016 CPI-W (1982-84=100) of 234.444, the 2017 CSRS and FERS COLAs are currently projected to be 0.1%. 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.

NOTE: Prior COLA memo calculations for the 2017 Retiree COLAs referenced an incorrect base quarter (3rd quarter of 2015). Since no COLA adjustment took place the last time the final calculation was made, the base quarter remains the same—the 3rd quarter of 2014.

2017 FECA COLA Projection: 1.6%

Based on the release of the May 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 1.6%. The May 2016 CPI-W (234.444) was 1.6% above the December 2015 base index (230.791).

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

April 2016 cost-of-living adjustment memo

May 17, 2016

2017 Retiree COLAs Projection: 0.1% as of May 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the April 2016 CPI-W (1982-84=100) of 233.438, the 2017 CSRS and FERS COLAs are currently projected to be 0.1%. 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.

2017 FECA COLA Projection: 1.1%

Based on the release of the April 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 1.1%. The April 2016 CPI-W (233.438) is 1.1% above the December 2015 base index (230.791).

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

March 2016 cost-of-living adjustment memo

April 14, 2016

Final 2011-2016 contract COLA was $0

As previously announced, there was no 7th and final scheduled COLA under the 2011-2016 National Agreement.

The January 2016 CPI-W (1967=100) was 688.259, an increase of 16.360 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, 

The 7th 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 announced from the amount calculated in step 1.

2017 Retiree COLAs Projection: 0% as of March 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the March 2016 CPI-W (1982-84=100) of 232.209, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2017 FECA COLA Projection: 0.6%

Based on the release of the March 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 0.6%. The March 2016 CPI-W (230.972) is 0.6% above the December 2015 base index (230.791).

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

February 2016 cost-of-living adjustment memo

March 16, 2016

7th contract COLA was $0

As previously announced, the January 2016 CPI-W (1967=100) was 688.259, an increase of 16.360 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, there was no 7th COLA.

The 7th 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 announced from the amount calculated in step 1.

Note: This was the last scheduled COLA under the 2011-2016 National Agreement.

2017 Retiree COLAs Projection: 0% as of February 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the February 2016 CPI-W (1982-84=100) of 230.972, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2017 FECA COLA Projection: 0.1%

Based on the release of the February 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 0.1%. The February 2016 CPI-W (230.972) is 0.1% above the December 2015 base index (230.791).

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

January 2016 cost-of-living adjustment memo

Feb. 19, 2016

Contract COLA: 7th COLA will be $0 (No COLA)

The January 2016 CPI-W (1967=100) was 688.259, an increase of 16.360 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, there will not be a 7th COLA.

The 7th 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 announced from the amount calculated in Step 1.

Since the current cents per hour increase from the base index (40 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is 0 cents per hour (no COLA).

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

2017 Retiree COLAs Projection: 0% as of January 2016

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the January 2016 CPI-W (1982-84=100) of 231.061, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2017 FECA COLA Projection: 0.1%

Based on the release of the January 2016 CPI-W (1982-84=100), the 2017 FECA COLA is currently projected to be 0.1%. The January 2016 CPI-W (231.061) is 0.1% above the December 2015 base index (230.791).

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

2016 FECA COLA: 0.4%

As previously announced, the 2016 FECA COLA will be 0.4%. It will become effective March 1, 2016. FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

This COLA was calculated using the December 2015 CPI-W (1982-84=100), which was 230.791. The December 2015 CPI-W (230.791) was 0.4% above the December 2014 base index (229.909).

December 2015 cost-of-living adjustment memo

Jan. 21, 2016

Contract COLA: 7th COLA Projection is $0

The December 2015 CPI-W (1967=100) was 687.456, an increase of 15.557 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, the 7th COLA projection is 0 cents per hour, or $0 annually.

The 7th COLA projection 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 announced from the amount calculated in step 1.

Since the current cents per hour increase from the base index (38 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is still 0 cents per hour.

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

2017 Retiree COLAs Projection: 0% as of December 2015

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the December 2015 CPI-W (1982-84=100) of 230.791, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2016 FECA COLA: 0.4%

The 2016 FECA COLA will be 0.4%. It will become effective March 1, 2016. FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.

This COLA was calculated using the December 2015 CPI-W (1982-84=100), which was 230.791. The December 2015 CPI-W (230.791) was 0.4% above the December 2014 base index (229.909).

November 2015 cost-of-living adjustment memo

Dec. 15, 2015

Contract COLA: 7th COLA Projection is $0

The November 2015 CPI-W (1967=100) was 690.227, an increase of 18.328 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, the 7th COLA projection is 0 cents per hour, or $0 annually.

The 7th COLA projection 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 announced from the amount calculated in step 1.

Since the current cents per hour increase from the base index (45 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is still 0 cents per hour.

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

2017 Retiree COLAs Projection: 0% as of November 2015

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the November 2015 CPI-W (1982-84=100) of 231.721, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2016 FECA COLA Projection: 0.8% as of November 2015

Based on the release of the November 2015 CPI-W (1982-84=100), the 2016 FECA COLA is currently projected to be 0.8%. The November 2015 CPI-W (231.721) is 0.8% above the December 2014 base index (229.909). The December CPI will be released next month (January 2016) and will determine the actual 2016 FECA COLA.

FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.
2016 Retiree COLA Will Be 0%

As previously announced, since the average CPI-W for the 3rd quarter of 2015 was lower than the average CPI-W for the 3rd quarter of 2014, there will be no 2016 CSRS or FECA COLA in 2016.

The 2016 COLA for CSRS and FERS is based on the increase in the average CPI-W (1982-84=100) between the 3rd quarter of 2014 (234.242) and the 3rd quarter of 2015 (233.278). 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.

October 2015 cost-of-living adjustment memo

Nov. 17, 2015

Contract COLA: 7th COLA Projection is $0

The October 2015 CPI-W (1967=100) was 692.167, an increase of 20.268 points over the contract’s July 2012 base index of 671.899. Each full 0.4 point increase above the base index equals a 1 cent per hour increase. As a result, the 7th COLA projection is 0 cents per hour, or $0 annually.

The 7th COLA projection 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 announced from the amount calculated in Step 1.

Since the current cents per hour increase from the base index (50 cents per hour) is lower than the already announced contract COLAs (66 cents per hour total), the 7th COLA projection is still 0 cents per hour.

The six COLAs previously announced under the 2011-2016 National Agreement, totaling 66 cents per hour, are as follows: 1st COLA, 7 cents per hour ($146 annually), 2nd COLA, 26 cents per hour ($541 annually), 3rd COLA, 0 cents per hour ($0 annually), 4th COLA, 33 cents per hour ($686 annually), 5th COLA, 0 cents per hour ($0 annually), and 6th COLA, 0 cents per hour ($0 annually).

2017 Retiree COLAs Projection: 0% as of October 2015

The 2017 COLAs for CSRS and FERS benefits will be based on the increase in the average CPI-W between the 3rd quarter of 2015 (233.278) and the 3rd quarter of 2016 (TBA).

Based on the October 2015 CPI-W (1982-84=100) of 232.373, the 2017 CSRS and FERS COLAs are currently projected to be 0%. 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.

2016 FECA COLA Projection: 1.1% as of October 2015

Based on the release of the October 2015 CPI-W (1982-84=100), the 2016 FECA COLA is currently projected to be 1.1%. The October 2015 CPI-W (232.373) is 1.1% above the December 2014 base index (229.909).

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.