Changes to the pension plans for members of the Public Service, the Canadian Forces, and the Royal Canadian Mounted Police
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Information concerning the three major public sector pension plans
Questions and Answers
Plan member contribution rates
2. How long have the current plan member contribution rates been in effect?
6. Why is it now necessary to increase plan member contribution rates?
8. Are there any limits on Treasury Board's authority to set contribution rates?
10. Are contribution rates affected by the growing number of PS, CF and RCMP pensioners?
13. How do the three pension plans contribution rates compare to other pension plans?
Coordination with the Canada Pension Plan and the Quebec Pension Plan
14. Why are pension benefits under the three pension plans reduced at age 65?
15. When is the reduction factor applied to the PS, CF and RCMP pension?
16. What is the current formula to reduce a PS, CF and RCMP pension?
17. Why is the change in the reduction factor necessary at this time?
18. Will this amendment affect all active employees and pensioners?
20. Do other pension plans bring similar amendments to their plans?
- Date modified: