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Upcoming APWU COLA
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EagleDog  
#1 Posted : Friday, January 15, 2021 12:33:03 PM(UTC)

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Next APWU COLA

Currently stands at $229.00 per year.
Still one month left to determine the exact amount.

The COLA will be effective February 27, 2021 (pay period 06-2021, pay date March 19, 2021).
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z165012  
#2 Posted : Friday, January 15, 2021 4:43:06 PM(UTC)
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links up fairly nice with my step raise at pay period 4...

any money is good money i guess
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roger.d  
#3 Posted : Friday, January 15, 2021 4:59:28 PM(UTC)
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It is a great opportunity to increase your TSP contribution by 1%.
Those who are, know those who are not.

If you think they are after you, what did you do wrong?
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EagleDog  
#4 Posted : Saturday, January 16, 2021 9:38:17 AM(UTC)

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I expect the final result to end up being closer to $300.00.
We'll see.
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roger.d  
#5 Posted : Saturday, January 16, 2021 10:36:21 AM(UTC)
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If someone put $25/month ($300/year) in an investment that gave a 5% rate of return, in 20 years they would have contributions of $6,000. A gain of $4,145 and a total of $10,145.


30 years would yield $9,000 in contributions, $11,384 in gains, for a total of $20,384


https://www.bankrate.com...-savings-calculator.aspx
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EagleDog  
#6 Posted : Wednesday, February 10, 2021 10:43:19 AM(UTC)

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I'm hearing $416
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Blahblah  
#7 Posted : Wednesday, February 10, 2021 11:00:28 AM(UTC)
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Originally Posted by: EagleDog Go to Quoted Post
I'm hearing $416


Source?
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mary7296  
#8 Posted : Wednesday, February 10, 2021 12:10:44 PM(UTC)

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Jan 2021 CPI 760.447 - July 2020 CPI 752.527 = 7.92
Divided by .40 = 19.8 cents per hour, rounded up to 20 cents I believe.
20 x 2080 = $416 COLA
Clerk since 1984
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thanks 1 user thanked for this useful post.
NorthernCCA on 2/10/2021(UTC)
mary7296  
#9 Posted : Thursday, February 11, 2021 5:18:01 PM(UTC)

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Originally Posted by: mary7296 Go to Quoted Post
Jan 2021 CPI 760.447 - July 2020 CPI 752.527 = 7.92
Divided by .40 = 19.8 cents per hour, rounded up to 20 cents I believe.
20 x 2080 = $416 COLA


Here it is.
In January, the final month of the six-month adjustment period for the fifth COLA under the 2018 Agreement, the CPI-W Unadjusted Index (1967=100) rose from last month to 760.447; an increase over the July 2020 Index point upon which employees received the last COLA.

As a result of the rise in index level, the following COLA adjustment will be applied to each step of the basic annual salary for all employees covered under the 2018-2021 Collective Bargaining Agreement effective February 27, 2021 (pay period 06-2021, pay date March 19, 2021).

The fifth COLA under the 2018 National Agreement will be $416.00:


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thanks 1 user thanked for this useful post.
psenomore on 2/11/2021(UTC)
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