The Canada Pension Plan (CPP)

The Canada Pension Plan (CPP) is a government program that provides retirement, disability, and survivor benefits to eligible Canadians. Funded through contributions from workers and employers during employment, it helps replace part of your income when you retire or in case of disability or death. Contributions are based on earnings, and benefits depend on how much and how long you've contributed. The CPP is designed to offer financial support during retirement, complementing personal savings and other sources of income. It’s a key part of Canada’s social safety net, helping ensure financial security in later years.