PENSION INDEXING RATE FOR 2023

At the end of each year, the Treasury Board Secretariat provides the National Association of Federal Retirees with information on the pension indexing increase that is effective Jan. 1 for federal public sector pensions.

The pension indexation rate effective Jan. 1, 2023, is 6.3 per cent. Federal Retirees was instrumental in establishing pension indexation back in 1970.

Information on the calculation of this index can be found on the Government of Canada website.