Ontario Pension Board 2024 Cola Increase. Will cpp and oas increase in 2024? If you started your pension before 2023, you will receive the full 4.8% increase to your pension.
If you retire(d) in 2023, your first pension increase will be prorated from your last day of credit in 2023 If your pension started in february 2023, your 2024 increase would be 3.68% (which is 0.8333 of 4.42%), following the decision that the annual inflation adjustment to pensions in pay will not be impacted by sri in 2024 and 2025.
Ontario Pension Board 2024 Cola Increase Images References :