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OC 101/2018 - The Municipal Employees’ Pension Amendment Regulations, 2018 ( Minister of Finance)
Description:

Title: The Municipal Employees’ Pension Amendment Regulations, 2018

Minister: Minister of Finance

Summary: On filing date, these regulations will amend RRS M-26 Reg 1 to:

  • Increase contribution rates effective July 1, 2018 for general members to 9.0 per cent of salary from 8.15 per cent with an equivalent increase in the matching employer contributions; and
  • Increase contribution rates effective July 1, 2018 for police and firefighter (designated) members to 12.5 per cent of salary from 11.35 per cent with an equivalent increase in the matching employer contributions.
See: The Municipal Employees’ Pension Act, section 57





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