On December 15th MURA notified members (those who have provided MURA with an email address) of a 1.4% increase in pensions starting January 2017. This increase applies to both the Salaried Pension Plan and the Hourly Pension Plan.

The full increase of 1.4% applies to those who were receiving a pension from either of the plans on June 30, 2015, and is equivalent to the average monthly increase in the Consumer Price Index (CPI) for 2015/16. Those who retired between July 1, 2015 and June 30, 2016 received a pro-rated increase. Those who retired after June 30, 2016 received no increase. There were no supplementary increases this year.

Additional pension plan information can be found on HR's Retirement Plans page.