OPCMIA Local 692/406

UPS Teamsters will receive a $0.82 per hour Cost-of-Living Adjustment (COLA) increase effective August 1, 2022. With the Consumer Price Index level reaching 288.022 in May 2022, the Index increased 16.502 points above the May 2021 Index, plus 3%, which translates to:
- $0.82 per hour
- 2.05 cents per mile

The COLA will be applied as outlined in Article 33. These increases are in addition to the negotiated increases in the 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

This means that 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