McMaster UniversityMcMaster University Retirees Association (MURA)

Pension Increases 2018

December 21, 2017 1:44 PM | Anonymous

We are pleased to inform you that the Board of Governors has approved the following increases to pensions effective January 2018:

For retirees of the Salaried Pension Plan, there will be a regular pension increase of 1.46% for retirees who were receiving a pension on June 30, 2017. Those who retired between July 1, 2016 and June 30, 2017 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 1.46% for retirees who were receiving a pension on June 30, 2017. Those who retired between July 1, 2016 and June 30, 2017 will receive a pro-rated increase. Details can be found at: http://www.workingatmcmaster.ca/pensions/increase/hourly.

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