Yes. To take into account the increase in the cost of living, your pension is indexed on 1 January of each year according to the rate of increase of the Pension Index (PI) determined in accordance with the
Act respecting the Québec Pension Plan. The new amount of your pension will appear on the
Statement of Benefits.
Your Statement of Benefits is available in
My Account in the Your documents section. You can download it if necessary. In addition, by signing up for notifications in the Communication preferences section of My Account, you will receive an email or a text message as soon as it is available.
Your Statement will automatically be mailed to you in January 2022, but you can choose to only receive it digitally in My Account by indicating it in the Communication preferences section.
Please note that for certain pensions, indexation will be suspended for 6 years.
Indexation of your pension is suspended for 2018 through 2023 in the following cases:
- for immediate pensions, if you stopped working before 1 January 2017
- for deferred pensions, if payment of your pension began before 1 January 2017.
Indexation of your pension is suspended for 2021 through 2026 in the following cases:
- for immediate pensions, if you stopped working after 31 December 2016 and before 1 July 2019
- for deferred pensions, if payment of your pension began after 31 December 2016 and before 1 July 2019.
The suspension also applies to a surviving spouse's pension and a reduced immediate pension not yet in payment. It also applies to retirees under the
PPMP who return to work or are taking advantage of progressive retirement and whose retirement pension has been partially or totally suspended. Lastly, it applies to employees who initially received a pension payable under the Government and Public Employees Retirement Plan for non-unionized employees (RREGOP 02).
For all pensions subject to the 6-year suspension, the indexation of periods of service will resume after the suspension and in the following manner:
|Periods of service||Indexation rate|
|Years of service before 1 July 1982||50% of the PI|
|Years of service from 1 July 1982 to 31 December 1999||PI minus 3%|
|Years of service since 1 January 2000||PI minus 3% or 50% of the PI, whichever is greater|