July 2019 Pension Payments Include 2018 Cost-of-Living Increase

The Board approved a 1.33% Cost-of-Living Adjustment (COLA) for eligible pension recipients, which will be included in the July 2019 pension payments.

This increase is equal to 2/3 of the increase in the Canadian Consumer Price Index for 2018. A history of CSSB COLA percentages since 1977 can be found here.

This increase also applies to eligible members with a deferred account