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LARGEST COLA IN 23 YEARS
ADDED TO BASE WAGES: $624 The fourth guaranteed cost-of-living adjustment to be paid to all mail handlers under the 2000 National Agreement has been set at $624, based on changes in the National Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the period running from January 2004 through July 2004. This COLA is being added to wages effective September 4, 2004, and will be reflected in paychecks on September 24, 2004. The COLA of $624 represents an increase of 30 cents per hour, and is the largest COLA adjustment paid to mail handlers since 1980. Printed below are the resulting wages to be paid to mail handlers for the next two months, until November 2004, when another general wage increase is scheduled to be added to base wages. Mail Handlers (RSC M) Schedule Full-Time Regular - Level 4 Step Yearly Hourly BiWeekly Overtime A 28,671 13.78 1,102.73 20.67 B 33,698 16.20 1,296.08 24.30 C 36,073 17.34 1,387.42 26.01 D 39,571 19.02 1,521.96 28.53 E 39,852 19.16 1,532.77 28.74 F 40,139 19.30 1,543.81 28.95 G 40,420 19.43 1,554.62 29.15 H 40,704 19.57 1,565.54 29.36 I 40,987 19.71 1,576.42 29.57 J 41,275 19.84 1,587.50 29.76 K 41,557 19.98 1,598.35 29.97 L 41,840 20.12 1,609.23 30.18 M 42,124 20.25 1,620.15 30.38 N 42,407 20.39 1,631.04 30.59 O 42,690 20.52 1,641.92 30.78 Full-Time Regular - Level 5 Step Yearly Hourly BiWeekly Overtime A 30,085 14.46 1,157.12 21.69 B 35,456 17.05 1,363.69 25.58 C 37,897 18.22 1,457.58 27.33 D 40,261 19.36 1,548.50 29.04 E 40,565 19.50 1,560.19 29.25 F 40,874 19.65 1,572.08 29.48 G 41,174 19.80 1,583.62 29.70 H 41,481 19.94 1,595.42 29.91 I 41,790 20.09 1,607.31 30.14 J 42,092 20.24 1,618.92 30.36 K 42,398 20.38 1,630.69 30.57 L 42,699 20.53 1,642.27 30.80 M 43,008 20.68 1,654.15 31.02 N 43,313 20.82 1,665.88 31.23 O 43,617 20.97 1,677.58 31.46 Part-Time Regular and Flexible Employees - Hourly Basic Rates (Part-Time Regulars) (Part-Time Flexible) Step Hourly Step Hourly A 13.78 A 14.34 B 16.20 B 16.85 C 17.34 C 18.04 D 19.02 D 19.79 E 19.16 E 19.93 F 19.30 F 20.07 G 19.43 G 20.21 H 19.57 H 20.35 I 19.71 I 20.49 J 19.84 J 20.64 K 19.98 K 20.78 L 20.12 L 20.92 M 20.25 M 21.06 N 20.39 N 21.20 O 20.52 O 21.35
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