Canada Pension Plan (CPP)
Those persons who have contributed in the Canada Pension Plan and they are retired or disabled, CPP provides them monthly benefits.Government of Canada also provides survivor benefits to spouse/common law partner and children benefits to students aged 18-25 on the behalf of deceased CPP contributor.Quebec has its own pension plan Quebec Pension Plan (QPP) instead of Canada pension Plan (CPP). CPP rates are adjusted every January on the basis of CPI (Consumer Price Index).
Canada Pension Plan (CPP) Rates
The table below lists the maximum annual pensionable
earning, exempted amount and employee contribution rates for CPP benefits for 2011-2008.
Maximum Annual pensionable
Maximum Annual Employee
Maximum Annual Self -
Canada Pension Plan (CPP) - Retirement
Government of Canada
provides retirement pension to those who contributed in Canada Pension Plan and they become retired. For the calendar year 2013 maximum CPP benefits are $1012.50.
Canada Pension Plan (CPP) - Disability benefits
benefits are monthly payments given to those individuals who have contributed to the CPP while they worked and then through any reason they are unable
to work at any job on a regular basis because of their disability.
Canada Pension Plan (CPP) - Survivor
Government of Canada provides CPP survivor benefits to deceased contributors' surviving spouse or common law partners or dependent children. These are following three types of benefits:
Death benefit - One time payment on the behalf of deceased contributor of CPP.
Children pension - Monthly payment to the children of deceased contributor of CPP.
Survivor pension - Monthly payment to surviving spouse or common law partner of deceased contributor of CPP.
CPP - Children benefits
for student aged 18 to 25
A person may be eligible for a monthly CPP benefits if the
one that raised him/her was a CPP contributor and has died or is
receiving CPP disability benefits even if that person was not legally his/her parent or
Canada Pension Plan (CPP) - Application
To apply online for CPP Retirement pension plan a person need to do the
following two steps
- Firstly, A person has to complete his/her application
electronically which is available at Service Canada.
- Secondly, A person has to print and sign a Signature Page which is at
the end of the Application and then mail it to Service Canada
For more information