Ambt

Federal Retirees Pension Increase By 4.8% in 2024

Federal Retirees Pension Increase

In 2024, the pension in Canada will grow by 4.8%. An increase in Social Security and Supplemental Security (SSI) is known as a cost-of-living adjustment (COLA), which is intended to counteract the effects of rising costs in the economy. This guarantees that inflation won’t have an impact on your pension or cause it to decrease … Read more