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Increase in Past Benefits

6.08 - The amount of any pension payable on or after September 1, 1973, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), to a Person who was receiving a pension as of August 31, 1973, shall be 110% of the amount which was payable as of August 31, 1973.

The amount of any pension payable on or after September 1, 1979, under Section 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), to a Person who was receiving a pension as of August 31, 1979, shall be 110% of the amount which was payable as of August 31, 1979.

The amount of any pension payable on or after September 1, 1982, under Section 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), shall be a percentage of the amount which was payable as of August 31, 1982, such percentage being determined in accordance with the following table:

Pension Commencement Date
Percentage
Before September 1, 1980
115%
After August 31, 1980, but before September 1, 1981
110%
After August 31, 1981, but before September 1, 1982
105%

The amount of any pension payable on or after September 1, 1983, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), to a Person who was receiving a pension as of August 31, 1983, shall be 110% of the amount which was payable as of August 31, 1983.

The amount of any pension payable on or after September 1, 1985, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), to a Person who was receiving a pension as of August 31, 1985, shall be 105% of the amount which was payable as of August 31, 1985.

For a Person who was receiving a pension as of August 31, 1987, the amount of any pension payable on or after September 1, 1987, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), shall be 105% of the amount which was payable as of August 31, 1987.

For a Person who was receiving a pension as of September 1, 1990, the amount of any pension payable on or after September 1, 1990, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), shall be 110% of the amount which was payable as of September 1, 1990.

For a Person who was receiving a pension as of August 31, 1995, the amount of any pension payable on and after September 1, 1995, under Sections 6.01, 6.02, 6.04 or 6.05, including any supplement under Section 6.03 (or the predecessor provisions), shall be increased by the amount shown in the following table:

Pension Commencement Date
Percentage Increase
Prior to September 1, 1991
2.5%
After August 31, 1991, and prior to September 1, 1992
2.0%
After August 31, 1992, and prior to September 1, 1993
1.5%
After August 31, 1993, and prior to September 1, 1994
1.0%
After August 31, 1994, and prior to September 1, 1995
0.5%

In no event shall the percentage increase granted under this Section 6.08 cause the Participant’s pension payment to exceed the Participant’s pension payable in the year of pension commencement plus adjustments to reflect increases in the average Consumer Price Index from the date of commencement of pension payments as published by Statistics Canada.