Did you know that as a result of your contributions to the Canada Pension Plan and your employer’s matching contributions, the Canada Pension Plan may provide the benefits outlined below.
- Retirement Pension
- Survivor Benefits
- Disability Benefits
- Pension Sharing
- Credit Splitting
- Social Security Agreements
You must apply for all benefits in writing. Canada Pension Plan will determine if you are eligible for the benefit.
Canada Pension Plan rates are adjusted every January if there are increases in the cost of living as measured by the Consumer Price Index. This Table (Canada Pension Plan – Payment Rates) lists the maximum and average monthly rates for Canada Pension Plan benefits for 2010, except for the death benefit which is a one-time payment.
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