On Thursday September 13, COPE 491 joined CSU and the Employer at the table to ensure that all three Settlors could reach a settlement – the pension settlement was signed Friday afternoon. Here’s what the Pension Settlement entails: Retirees will receive a catch-up adjustment of their base pension to make up for the years without an indexing adjustment. A person that retired Jan 1, 2010 or earlier will see a base increase of 9.07 % (but they will not receive a retro payment). January 1, 2018, retirees get an indexing adjustment of 100% of CPI and a retroactive payment for the period from January 1, 2018 to the date of the adjustment. The conditions for the indexation benefit formula negotiated in 2007 have been replaced to improve the likelihood of…