Québec Pension Plan – Payments to increase by 0.9% in 2014
In January 2014, payments made to Québec Pension Plan beneficiaries will increase by 0.9%. Under the Act respecting the Québec Pension Plan, the rate of indexation is determined using the average of the Consumer Price Index published by Statistics Canada for the period from November 2012 to October 2013. This annual pension adjustment will enable plan beneficiaries to maintain their purchasing power.
See the Press release (in French only).