COLA Formula Generates 10 Cents Effective Dec. 1 for Members at Boeing
Posted On: Nov 21, 2017
Effective Dec. 1, 2017, a 10 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 10 cents was generated for the quarter August, September, and October 2017. COLA is generated quarterly under the IAM-Boeing contract and is based on the federal Government’s Consumer Price Index.