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Pension Increases 2019

December 14, 2018 1:44 PM | Anonymous

We are pleased to inform you that the Board of Governors has approved the following increases to pensions effective January 2019:

For retirees of the Salaried Pension Plan, there will be a regular pension increase of 1.89% for retirees who were receiving a pension on June 30, 2018. Those who retired between July 1, 2017 and June 30, 2018 will receive a pro-rated increase. There will be no supplementary increase this year. Details can be found at: http://www.workingatmcmaster.ca/pensions/increase/salaried.

For retirees of the Hourly Pension Plan, there will be a regular pension increase of 1.89% for retirees who were receiving a pension on June 30, 2018. Those who retired between July 1, 2017 and June 30, 2018 will receive a pro-rated increase. Details can be found at: http://www.workingatmcmaster.ca/pensions/increase/salaried.

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