2015 Cost-of-Living AdjustmentsDecember 29, 2014
Effective January 2015, a 1.56 per cent increase will be applied to the base pension amount for pensioners of the Local Authorities Pension Plan (LAPP), Public Service Pension Plan (PSPP), and Management Employees Pension Plan (MEPP).
The Special Forces Pension Plan (SFPP) follows a different Cost-of-Living Adjustment (COLA) framework. The 1.56 per cent increase on base pension applies to pensionable service up to December 31, 2000. For pensionable service after December 31, 2000, a one-time increase of 0.78 per cent on base pension will apply. Please visit the SFPP website for more information.
Pensioners of the Provincial Judges and Masters in Chambers Pension Plan who terminated before April 1, 2009 will receive COLA at a rate of 1.56 per cent. Pensioners who terminated on or after April 1, 2009 will receive COLA at a rate of 2.60 per cent.
For more information, see the Frequently Asked Questions and/or the retiree/pensioner section of the following websites: