2014 Cost-of-Living Adjustments
January 2, 2014
Edmonton - On January 1, 2014, the Cost-Of-Living (COLA) increase for pensioners of the Local Authorities Pension Plan, Public Service Pension Plan and Management Employees Pension Plan who retired prior to January 1, 2013 is 0.72 per cent.
Members who retired during 2013 will receive a prorated portion of this increase.
For these three pension plans, COLA is currently 60 per cent of the increase in the Alberta Consumer Price Index.
The Special Forces Pension Plan (SFPP) follows a different COLA framework. Please visit the SFPP website for more information.
Pensioners of the Provincial Judges and Masters in Chambers Pension Plan who retired before April 1, 2009 will receive COLA at a rate of 0.72 per cent. Pensioners who retired after March 31, 2009 will receive COLA at a rate of 1.20 per cent.
For more information on COLA, see the retiree/pensioner section of the following websites: