Canada Cola 2024 Increase Announcement. Major settlements are those involving bargaining units of 500 or more employees. The indexing of public service pension plan benefits is governed by two pieces of legislation;
Key cpp and oas changes like increased benefits and contribution tiers will be implemented from 1 january 2024, affecting retirement planning. On april 1, 2023, aufa members received a 1.25% cola increase to salaries and grids.