UPS Article 33 Cost-Of-Living COLA for August 1, 2022

A COLA increase effective August 1, 2022, is calculated as follows. The contract specifies a one (1) cent per hour and one-fourth (0.25) mills per mile increase for every two-tenths (0.2) point increase in the CPI-W Index in excess of 3.0% and at least totaling $0.05. Reaching an Index level of 288.022 in May 2022, the Index increased 16.502 points above the May 2021 Index plus 3.0%, and that translates to the following COLA increases:

$0.82 per hour

2.05 cents per mile

The COLA will be applied as outlined in Article 33.

Please note these increases are in addition to the negotiated increases per the 2018 – 2023 National Master UPS Agreement which are effective August 1, 2022:

$1.00 per hour

2.28 cents per mile single rate

2.33 cents per mile double rate

2.38 cents per mile triple rate

Essentially, this means that total hourly wages are scheduled to increase by:

$1.82 per hour

4.33 cents per mile single rate

4.38 cents per mile double rate

4.43 cents per mile triple rate

To read about the 2021 COLA increase, Click Here