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Pension

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Pension Empty Re: Pension

Post by 1993firebird Tue 27 Jan 2015, 08:08

My COLA on my pension is $37 and after deductions it is $5. This is better than between 1 cent and $4.99. LOL.

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Post by Recon031 Mon 26 Jan 2015, 19:41

Every Jan . 01, 2015 ,2016,2017, etc.etc.etc.

Med. Rel. personnel get the COLA given by the Treasury Board each year with a one time annual statement

CPPD ... also adjusts each & every Jan.01........................ 1.80 %

as does CFSA ... CF Pension ........................................... 1.80 %

VAC Med. Pension ........................................................... 1.80 %

& Sisip Ltd  now ! ............................................................. 1.75 %

We're getting there Troops !

For Country
Retired Army MasterSniper
Dave Fitzpatrick
family of .......7.......get er' done bye's !
Recon031
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Post by Guest Mon 26 Jan 2015, 18:23

I concur with saber .

propat

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Post by sabrelove Mon 26 Jan 2015, 18:18

If you are not medically released, then your pension is indexed when your years of service plus your age reach the magic number of 85.

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Post by Guest Mon 26 Jan 2015, 18:12

Yes, if you are medically released from CF then your CFSA is indexed right away going forward.


Last edited by Sparrow. on Mon 26 Jan 2015, 18:36; edited 1 time in total (Reason for editing : removed sentence)

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Post by 1993firebird Mon 26 Jan 2015, 17:39

Is a Military pension only indexed with COLA before age 60 or 65 if the person is medically released as I was indexed right away upon medical release? I am confused with this COLA on LTD benefits. You get COLA on insurance income but only COLA on a pension once you reach 60 or 65.

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Post by Guest Mon 26 Jan 2015, 16:48

Yes there is an indexed cola on CFSA. It is 1.70%.

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Post by 1993firebird Mon 26 Jan 2015, 16:05

Is there a yearly COLA on Military pensions? My pension goes up every year due to being medically released because I get indexed. Just wondering if there is also a COLA.

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