Older People and the Law: Difference between revisions
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→Canada Pension Plan
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The Canada Pension Plan (CPP) provides income to working Canadians after they retire. The amount of pension income you receive depends on the amount you paid in to the fund from your wages over the years you worked in Canada. | The Canada Pension Plan (CPP) provides income to working Canadians after they retire. The amount of pension income you receive depends on the amount you paid in to the fund from your wages over the years you worked in Canada. | ||
You receive CPP retirement benefits, which is a monthly cheque mailed to you or deposited directly into your bank account, if you have contributed and: | You receive CPP retirement benefits, which is a monthly cheque mailed to you or deposited directly into your bank <span class="noglossary">account</span>, if you have contributed and: | ||
*you are 60-64 years old and have stopped working or have a low income, or | *you are 60-64 years old and have stopped working or have a low income, or | ||
*you are 65 years or older. | *you are 65 years or older. | ||
