Pension contribution rates effective January 1, 2022, for the 3 major public sector pension plans

January 4, 2022 - Defence Stories

The Treasury Board of Canada Secretariat has posted the pension contribution rates that will come into effect January 1, 2022, and should be reflected on the first pay in January.

The rates apply to members of the public service pension plan, the Canadian Armed Forces–Regular Force pension plan and the Royal Canadian Mounted Police pension plan.

I recommend that you take a moment to review the changes on the pension contribution rates web page.

Reminder: Don’t forget to subscribe to the compensation email notification system to receive general information about pay and the public service pension and benefit plans, such as changes to contribution rates.