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  • COLA Formula at Boeing Generates 5 Cents
    Updated On: Aug 17, 2017

    Effective September 8, 2017, a 5 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate of IAM members at Boeing. Also on September 8, this 5 cent cost-of-living adjustment (COLA) and the previous accumulated 19 cents shall be added to and permanently made a part of employees’ base rates.

    The 5 cents was generated for the quarter May, June and July 2017. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index.


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