2013 Cost-of-Living Adjustments (COLA)
January 3, 2013
Edmonton - The COLA granted to pensioners who retired prior to January 1, 2012 is 0.96 per cent effective January 1, 2013. Members who retired during 2012 will receive a prorated portion of this increase.
The Special Forces Pension Plan (SFPP) follows a different COLA framework, please visit the SFPP website for more information.
The increase is applied to your base pension amount and excludes coordination. If you are currently being paid an estimate of your pension because calculations are not finalized, your amount will not have increased yet. Once calculations are completed, COLA will be applied retroactively.
COLA is guaranteed at 60 per cent of the increase in the Alberta Consumer Price Index (ACPI) [the Special Forces Pension Plan (SFPP) follows a different COLA framework. Please visit the SFPP website for more information].
For more information on COLA, see the retiree/pensioner section of the following plan-specific websites: