IAM District 751
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  • December 08, 2023
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  • COLA Math Video June 2023
    Updated On: May 17, 2023

    COLA Formula Generates a 24 cent/hr Cost of Living Adjustment

    Effective June 9, 2023, a 24 cent cost-of-living adjustment (COLA) will be added to the hourly wage rate for IAM members at Boeing. The 24 cent was generated for the quarter of February, March and April 2023. COLA is generated quarterly under the IAM contract and is based on the federal government’s Consumer Price Index. 


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