The Canada Pension Plan (CPP) was designed in 1965 to replace 25% of a person’s pensionable earnings in retirement, a figure that still holds true today. Enrolment is mandatory and contributions are ...
For 20 years, reports from the Office of the Chief Actuary of Canada (OCA) have repeatedly indicated that the Canada Pension Plan (CPP) is sustainable over a 75-year projection period. In the early ...