{"id":6209,"date":"2013-06-20T17:49:25","date_gmt":"2013-06-20T22:49:25","guid":{"rendered":"http:\/\/postalemployeenetwork.com\/news\/?p=6209"},"modified":"2013-06-20T17:49:25","modified_gmt":"2013-06-20T22:49:25","slug":"apwu-break-the-chained-cpi","status":"publish","type":"post","link":"https:\/\/postalemployeenetwork.com\/news\/2013\/06\/20\/apwu-break-the-chained-cpi\/","title":{"rendered":"APWU: Break the \u2018Chained\u2019 CPI!"},"content":{"rendered":"<p><a class=\"highslide\" onclick=\"return vz.expand(this)\" href=\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2013\/06\/APWU-break-the-chained-cpi.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-6213\" title=\"APWU-break-the-chained-cpi\" src=\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2013\/06\/APWU-break-the-chained-cpi-300x168.gif\" alt=\"\" width=\"300\" height=\"168\" srcset=\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2013\/06\/APWU-break-the-chained-cpi-300x168.gif 300w, https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2013\/06\/APWU-break-the-chained-cpi.gif 495w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><strong>Break the \u2018Chained\u2019 CPI!<br \/>\n<\/strong><em>Proposed Cut Threatens Postal, Federal Retirees and Social Security Recipients<\/em><\/p>\n<p>The APWU is urging union members and retirees to participate in rallies across the country on Tuesday, July 2, to protest a proposal that would put retirement benefits for millions of workers on the chopping block.<\/p>\n<p>The threat is from a proposal to use a new method to calculate cost-of-living adjustments (COLAs) for postal and federal retirees and Social Security recipients. \u201cThe new method \u2014 known as the \u2018chained CPI\u2019 \u2014 would result in much smaller cost-of-living increases than the current formula establishes,\u201d APWU President Cliff Guffey and Retirees Department Director Judy Beard said in a <a href=\"http:\/\/www.apwu.org\/news\/webart\/2013\/13-079-chainedcpi-130620-letter.pdf\" target=\"_blank\">mailing to APWU retirees<\/a>. [PDF]<\/p>\n<p>\u201cMany members have heard about the threat to Social Security, and have asked how postal retirees would be affected,\u201d the letter says. \u201cSimply put, postal retirees\u2019 annual cost-of-living increases are based on the same index used for Social Security,\u201d they said. \u201cIf the chained CPI is adopted, cost-of-living increases would be much lower for Social Security recipients AND for postal and federal retirees. The losses would compound over time.\u201d<\/p>\n<p><a href=\"http:\/\/www.apwu.org\/news\/webart\/2013\/13-079-chainedcpi-130620-factsheet.pdf\" target=\"_blank\">Click here for a fact sheet<\/a> [PDF] provided by the Alliance for Retired Americans for more information. The statements about cuts in future Social Security benefits also apply to CSRS and FERS.<\/p>\n<p>Nationwide Protests Planned for July 2<\/p>\n<p>The APWU is calling on union members and retirees to join other workers and seniors on July 2 to help form a human chain in front of federal buildings, congressional offices and other key sites.<\/p>\n<p>Coordinated by the Alliance for Retired Americans, the rallies will take place in dozens of cities across the country to send a clear message: Break the chained CPI! No cuts to cost-of-living adjustments!<\/p>\n<p>To add your voice to the protest, <a href=\"http:\/\/afl.salsalabs.com\/o\/4055\/t\/14893\/p\/salsa\/event\/common\/public\/\" target=\"_blank\">visit the Alliance\u2019s website to find a protest location<\/a>, and sign and return the <a href=\"http:\/\/www.apwu.org\/news\/webart\/2013\/13-079-chainedcpi-130620-petition.pdf\" target=\"_blank\">petition to Congress<\/a>. [PDF]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Break the \u2018Chained\u2019 CPI! Proposed Cut Threatens Postal, Federal Retirees and Social Security Recipients The APWU is urging union members and retirees to participate in rallies across the country on Tuesday, July 2, to protest a proposal that would put retirement benefits for millions of workers on the chopping block. The threat is from a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,21],"tags":[],"class_list":["post-6209","post","type-post","status-publish","format-standard","hentry","category-breaking","category-apwu-news","last_archivepost"],"_links":{"self":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/6209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/comments?post=6209"}],"version-history":[{"count":2,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/6209\/revisions"}],"predecessor-version":[{"id":6215,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/6209\/revisions\/6215"}],"wp:attachment":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/media?parent=6209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/categories?post=6209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/tags?post=6209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}