What retirement benefits are available for survivors following the death of a parent, common-law partner, or spouse? If the deceased individual made contributions to the Canada Pension Plan (CPP), …
Canada Pension Plan (CPP) Enhancement (2020) – Since 2019, the CPP (Canada Pension Plan) has undergone gradual enhancements. The changes are linked to participants receiving higher benefits as an …
...earningsMaximum contributory earningsEmployee and employer contribution rate (%)Maximum annual employee and employer contributionMaximum annual self-employed contribution 2020$58,700$3,500$55,2005.25$2,898.00$5,796.00 2019$57,400$3,500$53,9005.10$2,748.90$5,497.80 2018$55,900$3,500$52,4004.95$2,593.80$5,187.60 Canada Pension Plan (CPP) Payment Dates Canada Pension Plan: …
...residing in Quebec don’t qualify for these CPP benefits. This is because the Quebec provincial government opted out. Instead, Quebec implements the Quebec Pension Plan program. Canada Pension Plan …
...contribution rate increased from 4.95% to 5.1%. This translates into a annual CPP contribution rate that will increase to 10.20% (your employer’s contribution + your contribution) of your overall …