FINANCIAL PLANNING > Retirement Plan > Government Benefits
CPP- Canada Pension Plan
• Eligibility based on how much you have contributed, for how long and the age you apply to receive your benefits
• Normal Retirement date is 65
• Early Benefit at 60 (monthly reduction 0.60%)
• 2018 monthly taxable maximum is $1,134.17
• Adjusted annually for inflation
• Lump sum taxable death benefit is $2,500
• Tax savings through “pension sharing”
• 5.1% matching contributions starting