Montreal to pay millions to retired city workers after courts invalidate indexation pause

The city of Montreal will now increase pension payments to retired municipal workers by tens of millions of dollars annually due to a court ruling that overturned the previous decision to halt pension indexation nearly ten years ago by the Coderre administration. This judgment invalidates the suspension of pension increases and mandates the city to resume providing indexation for retired employees, resulting in a significant financial burden for Montreal’s budget moving forward. The decision highlights the importance of upholding pension commitments and ensuring financial stability for retired workers in the city.

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