August 26, 2018
Pension pay dates and direct deposit
This page will provide you with the 2020 PSPP pay schedule
November 15, 2018
Pensions to increase by 2.2% on Jan 1, 2019
OPB is pleased to announce that the cost-of-living adjustment (COLA) for 2019 is 2.2%.
December 12, 2017
Pensions to increase by 1.6 per cent for 2018 cost-of-living adjustment
You will receive your Retired Member Statement with your personal annual cost-of-living adjustment in January 2018.
April 16, 2019
Phase 2 contribution rate increase begins this month
We want to remind you that Phase 2 takes effect on your first full pay this month (0.5%).
November 21, 2019
Pensions to increase on January 1, 2020
OPB is pleased to announce that the cost-of-living adjustment (COLA) for 2020 is 2%.
November 27, 2020
Cost-of-living increases for Retired Members
We can now announce that the cost-of-living adjustment (COLA) for 2021 is 1.0%.
March 13, 2020
Update on COVID-19: Pension Payments are Secure
The health and safety of our employees and clients is our first priority. Our role is to provide retirement security for more than 90,000 current and retired members, to whom we deliver the pension promise each day.
April 27, 2021
Temporary part-time work arrangement (Fraser decision)
Last fall, the Supreme Court of Canada ruled in Fraser v. Canada (Attorney General) that members of a federal government pension plan were eligible to purchase full-time pension credit for periods of employment when they temporarily reduced their working hours.
December 06, 2016
Pensions to increase by 1.3 percent for 2017 cost-of-living-adjustment
You will receive your Retired Member Statement with your personal annual cost-of-living adjustment in January 2017.