What's New in 2024

Reduction of contributions to the Pension Plan of Elected Municipal Officers (PPEMO)

Since 8 August 2024, the contribution rate to the PPEMO has decreased from 5.26% to 4.81% for elected municipal officials, and from 17.73% to 16.21% for municipalities, retroactive to 1 January 2024.

This change results from the coming into force of a regulatory amendment This link will open in a new window. (French only) following the improvement in the plan's financial situation noted in the actuarial valuation of the PPEMO as at 31 December 2021

An actuarial valuation of the PPEMO must be presented to the pension committee every three years. The valuation aims to study the plan's financial health and, at the same time, to determine the contribution rates of members and municipalities. The adustment is made based on the PPEMO's funding policy in order to ensure the security of benefits  and the stability of contributions.

We wish to specify that the PPEMO had 1973 active members as at 31 December 2021.

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