Ontario Pension Board 2024 Cola Increase. This adjustment may be added to your pension to help it keep pace. If you started your pension before 2023, you will receive the full 4.8% increase to your pension.
The indexing percentage noted in your letter applies to the amount you were receiving in 2023. Learn how cola affects your pension.
If The Board Decides To Provide A Cola, It Will Take Effect In January.
The board is responsible for the administration of the public service pension plan (pspp), the investment of the public service pension fund and the adjudication of the plan.
If You Started Your Pension Before 2023, You Will Receive The Full 4.8% Increase To Your Pension.
The increase is effective january 1, 2024.
Ontario Pension Board 2024 Cola Increase Images References :
What Factors Are Considered When Determining The Inflation Adjustment?
If the board decides to provide a cola, it will take effect in january.
We Are Writing To Advise You That The Cost Of Living Adjustment (Cola) That Will Be Applied To Pensions Paid Under The Primary Schedule Of The Opseu Pension Plan (The Plan) Will Be.
You can find upcoming cpi release dates on our schedule page.
