Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Postal Employees

Post your thoughts and opinions here about current Postal employee topics.
Upcoming APWU COLA
Options
Go to last post Go to first unread
Previous Topic Next Topic
EagleDog  
#1 Posted : Friday, January 15, 2021 12:33:03 PM(UTC)

Rank: Senior Member

Groups: Registered
Joined: 6/5/2009(UTC)
Posts: 1,612

Thanks: 176 times
Was thanked: 311 time(s) in 249 post(s)
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).
:
Karma: the force created by a person's actions that causes good or bad things to happen to that person
:
Back to top
z165012  
#2 Posted : Friday, January 15, 2021 4:43:06 PM(UTC)
z165012

Rank: Senior Member

Groups: Registered
Joined: 6/29/2016(UTC)
Posts: 584
United States
Location: illinois

Thanks: 1 times
Was thanked: 56 time(s) in 48 post(s)
links up fairly nice with my step raise at pay period 4...

any money is good money i guess
Back to top
roger.d  
#3 Posted : Friday, January 15, 2021 4:59:28 PM(UTC)
roger.d

Rank: Senior Member

Groups: Registered
Joined: 8/25/2016(UTC)
Posts: 5,134
United States
Location: Midwest

Thanks: 137 times
Was thanked: 971 time(s) in 789 post(s)
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?
Back to top
EagleDog  
#4 Posted : Saturday, January 16, 2021 9:38:17 AM(UTC)

Rank: Senior Member

Groups: Registered
Joined: 6/5/2009(UTC)
Posts: 1,612

Thanks: 176 times
Was thanked: 311 time(s) in 249 post(s)
I expect the final result to end up being closer to $300.00.
We'll see.
:
Karma: the force created by a person's actions that causes good or bad things to happen to that person
:
Back to top
roger.d  
#5 Posted : Saturday, January 16, 2021 10:36:21 AM(UTC)
roger.d

Rank: Senior Member

Groups: Registered
Joined: 8/25/2016(UTC)
Posts: 5,134
United States
Location: Midwest

Thanks: 137 times
Was thanked: 971 time(s) in 789 post(s)
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
Those who are, know those who are not.

If you think they are after you, what did you do wrong?
Back to top
EagleDog  
#6 Posted : Wednesday, February 10, 2021 10:43:19 AM(UTC)

Rank: Senior Member

Groups: Registered
Joined: 6/5/2009(UTC)
Posts: 1,612

Thanks: 176 times
Was thanked: 311 time(s) in 249 post(s)
I'm hearing $416
:
Karma: the force created by a person's actions that causes good or bad things to happen to that person
:
Back to top
Blahblah  
#7 Posted : Wednesday, February 10, 2021 11:00:28 AM(UTC)
Blahblah

Rank: Advisor

Groups: Registered
Joined: 12/10/2018(UTC)
Posts: 125

Thanks: 6 times
Was thanked: 38 time(s) in 22 post(s)
Originally Posted by: EagleDog Go to Quoted Post
I'm hearing $416


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

Rank: Groupie

Groups: Registered
Joined: 7/5/2011(UTC)
Posts: 93

Thanks: 10 times
Was thanked: 20 time(s) in 17 post(s)
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
Back to top
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)

Rank: Groupie

Groups: Registered
Joined: 7/5/2011(UTC)
Posts: 93

Thanks: 10 times
Was thanked: 20 time(s) in 17 post(s)
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:


Clerk since 1984
Back to top
thanks 1 user thanked for this useful post.
psenomore on 2/11/2021(UTC)
Rss Feed  Atom Feed
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.


This page was generated in 0.487 seconds.
  • ©2007-2019 1105 Media, Inc. All Rights Reserved