Attached is a letter from President of the BCPFFA, Mike Hurley, on what is happening with our benefits for retired members.
Download: POST-RETIREMENT GROUP BENEFITS .docx
There were two outstanding questions:
1/ If the SA funds are used to increase the monthly pension is the additional pension indexed?
The answer is yes, every component of the monthly pension is increased when cost of living adjustments are granted, the lifetime pension, the bridge benefit, the temporary annuity, and the additional monthly pension purchased with the SA funds.
POST-RETIREMENT GROUP BENEFITS .docx
Article 16.pdf
