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Cost of Living Adjustments

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Cost of living increases under the MLA pension plans are conditional and based on the cost of living increase granted under the New Brunswick Public Service Pension Plan (NBPSPP).

How these increases are calculated by the Plan’s actuary is explained in the resources below.

Explaining the Cost of Living Increase – January 1, 2024 (NBPSPP) Explaining the Cost of Living Increase – January 1, 2023 (NBPSPP)