Wednesday, July 29, 2015
Current Weather
Loading Current Weather....
Published: Friday, 2/22/2002

UAW workers to see drop in cost-of-living stipend

DETROIT - Falling consumer prices means the cost-of-living allowance paid to many union autoworkers will decline, United Auto Workers president Stephen Yokich said yesterday.

The COLA for UAW members working for General Motors Corp., Ford Motor Co., and DaimlerChrysler AG will decrease by 11 cents per hour to $1.28 starting the first pay period in March, because of a decline in the three-month average of the consumer price index for urban wage and clerical workers, the union said.

This is the second straight quarter that the COLA has decreased. In December the COLA dropped by a penny an hour.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Points of Interest