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SOLIDARITY Iowa. 22, No. 2POSTALFor All Members of DMI Area Local APDU, IP WU, and BMC March, 2018First COLA Increase Of 2018In accordance with the 20152018 Collective Bargaining Agreement, career
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The fourth COLA (Cost of Living Adjustment) related to American postal workers is an adjustment to their pay to account for inflation, typically announced by the postal service or a related authority.
Employees of the American Postal Service who receive the COLA adjustments are required to file the fourth cola announcement if applicable, which may also include specific postal workers as determined by their contracts.
Filling out the fourth COLA announcement typically requires completing a specified form provided by the postal management, which includes personal information, salary information, and acknowledgment of the adjustment.
The purpose of the fourth COLA announcement is to adjust postal workers' salaries in line with inflation to maintain their purchasing power.
The information that must be reported includes the employee's personal identification details, current salary, adjusted salary, and any relevant employment details as specified by the postal service.
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