The April 2025 valuation reports that the Plan's funded status is 124.1%, well above the thresholds required for salary and pension indexation and both shall be awarded in full.

                Salary Indexation Award = 4.77%      Pension Indexation Award = 2.30%

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.