The bulk of current contributions fund the benefits to current retirees.
retirement income
January 17, 2018
1:05PM
The program is designed so Canadians who die early in life subsidize those who live longer.
November 14, 2016
3:37PM
The evidence does not support claims of a widespread retirement savings problem in Canada.
October 13, 2016
10:06AM
CPP expansion will mean several thousands of dollars more in annual contributions from working Canadians.
July 25, 2016
12:33PM
Canadians born in 1971 or after can now expect to receive a meagre rate of return from their CPP contributions of between 2.3 per cent and 2.5 per cent (depending on their specific year of birth).
July 15, 2016
10:17AM
Most Canadians are adequately prepared for retirement, making CPP expansion largely unnecessary.
July 13, 2016
12:36PM
A narrow focus on pension assets overlooks non-pension assets such as stocks, bonds, real estate and other investments.
July 7, 2016
11:21AM
In 2014, savings in non-pension assets totalled $9.5 trillion, dwarfing the $3.3 trillion assets in the formal pension system.
June 23, 2016
3:00AM
On Monday, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will force Canadians to contribute more to the program.
June 22, 2016
3:00AM
Canadians may be forced to contribute up to an extra $3,250 more to the CPP each year.