Web16 rows · Indexing rate – Retired members – Pension. The indexing rate for 2024 is 6.3%. The indexing of public service pension plan benefits is governed by two pieces of legislation; the Public Service Superannuation Act (PSSA) and the Supplementary Retirement Benefits … Web2 Pension contribution rates, thresholds, indexation and calculations. 2.1 Canada Pension Plan and Quebec Pension Plan. For the 2024 taxation year, the contribution rate for the …
Public Service Superannuation Act
WebNov 2, 2024 · 3.6% adjustment for PSS, CSS, and MSBS indexed pensions; 3.6% adjustment for DFRDB indexed pensions for recipients of all ages; The Australian Bureau of Statistics has released the Consumer Price Index (CPI) data for the September 2024 quarter showing that the index has increased to 128.4 from 123.9 for the March 2024 quarter. WebSuperannuation Act (PSSA) pension plan. It is also consistent with how other pension plans, including the Canada Pension Plan, calculate COLA. *CPI figures are drawn from the Bank … docs to gif
Superannuation administration manual: Special bulletin
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