The April 2026 valuation reports that the Plan's funded status is 113.8%. With sufficient funds available, both salary and pension indexation shall be awarded in full. 

           Salary Indexation Award = 3.07%      Pension Indexation Award = 2.11%

The Salary Indexation Award is equal to the increase in average wages in Canada, while the Pension Indexation Award is equal to the increase in the Canada All-Items Consumer Price Index (CPI).

For more information, see the Salary Indexation Award Archive and the Pension Indexation Award Archive.