Pension increase for 2013

It's hard to believe vac would be below CPPD ?

Also, according to the RCL website, VAC's index rate has only dipped below 2% twice in the last 14 years.

Where did you get that info? In the past the legion knew what the index increase were, even before the VAC front line staff, but they haven't updated their website yet. I'm not saying that it isn't true, but I prefer seeing things in writing.

I think the GOC is worried about cash, CPPD is getting 1.9 percent it handily keeps up with the true cost of living

I been pensioned 20 plus years..this is one of the lowest increase!...I think...

Thats lower than CPPD increase

Yes,..Vac!

Dj691000, is that the vac increase?

The pension index is 1.8% , for 2013!

CPI vs VAC for the last 10 years

CPI / VAC

2002 - 2.2 / 3.0
2003 - 2.8 / 2.9641
2004 - 1.8 / 3.2
2005 - 2.2 / 1.7
2006 - 2.0 / 7.1146
2007 - 2.2 / 2.2917
2008 - 2.3 / 2.0
2009 - 0.3 / 2.5
2010 - 1.8 / 3.346776
2011 - 2.9 / 2.8

So historically, over the last 10 years VAC has matched the CPI (within .1%) twice, below CPI twice and exceeded it on 6 occasions. SO, if I was to bet, the odds would be that VAC will beat 1.9%, but by how much is anyone's guess.

http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ46a-eng.htm

This site shows the historical rates for CPI which would be applied to our pensions.

I believe the rates are the same. I went back to what I got last year for CPP(D) and VAC and both were indexed at 2.9%.

As far as I am aware, when the govt comes out with the CPI increase for the year, the same amount it used for CPP, OAS, CFSA and VAC.

Lets hope so

Well I know that the first 2 are indexed at 1.9%, but VAC is almost always higher. last year the national index rate was 1.7%, but VAC increased by 2.8%. We'll just have to wait and see if that trend continues.

I just heard the cpp , cf and vac pension increase for 2013 will be 1.9 percent.