Cola Increase 2024 Ontario 2024

Cola Increase 2024 Ontario 2024. A 4.7% cpp and oas payment increase implemented 1 january 2024 is expected thanks to inflation indexing and the cpp enhancement. In january 2024, you’ll receive a pension increase equal to 100% of the annual cpi increase;

Major settlements are those involving bargaining units of 500 or more employees. They come into effect each january.