July 2018 Pension Payments Include 2017 Cost-of-Living Increase

The Board approved a 1.25% Cost-of-Living Adjustment (COLA) for eligible pension recipients, which will be included in the July 2018 pension payments.

This increase is equal to 2/3 of the increase in the Canadian Consumer Price Index for 2017. A history of CSSB COLA percentages since 1977 can be found here.

This increase also applies to eligible members with a deferred account.