Cola Increase 2024 Ontario

Cola Increase 2024 Ontario. Data for 2024 cover the months of january through june. You can find upcoming cpi release dates on our schedule page.

We recognize that the cost of living will continue to increase, so we adjust pensions in pay by a percentage that is based on the consumer price index (cpi) to ensure that your income keeps pace. Cola increases are applied on april 1 to all pensions for retired and deferred members, as well as pensions that are paid to surviving spouses and beneficiaries.