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  2. Canada Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Canada_Pension_Plan

    Monthly benefits are adjusted every year based on the Consumer Price Index. CPP benefit payments are taxable as ordinary income. The standard age for receiving the retirement pension is age 65; however, individuals may begin collecting a permanently reduced pension as early as age 60 or defer payment until age 70 to increase the monthly payment.

  3. Old Age Security - Wikipedia

    en.wikipedia.org/wiki/Old_Age_Security

    Old Age Security (OAS) is a monthly payment available to qualifying citizens and permanent residents of Canada who are 65 years old and older. Authorized by Section 94A of the Constitution Act of 1867, [ 1 ] the program is defined by the Old Age Security Act (R.S.C., 1985, c. O-9). [ 2 ]

  4. Retirement age - Wikipedia

    en.wikipedia.org/wiki/Retirement_age

    If you start before age 65, payments will decrease by 0.6% each month (or by 7.2% per year), up to a maximum reduction of 36% if you start at age 60. If you start after age 65, payments will increase by 0.7% each month (or by 8.4% per year), up to a maximum increase of 42% if you start at age 70 (or after). [31] Chile: 65 60 [32] China: 63 55–58

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  6. Mandatory retirement - Wikipedia

    en.wikipedia.org/wiki/Mandatory_retirement

    Age 65 is when federal Old Age Security pension benefits begin, and most private and public retirement plans have been designed to provide income to the person starting at 65 (an age is needed to select premium payments by contributors to be able to calculate how much money is available to retirees when they leave the program by retiring).

  7. Capital Purchase Program - Wikipedia

    en.wikipedia.org/wiki/Capital_Purchase_Program

    In particular, as of January 31, 2012, 25 institutions accounted for $11.2 billion (~$14.7 billion in 2023), or 67 percent, of outstanding investments. As of November 30, 2011, Treasury estimated that CPP would have a lifetime income of $13.5 billion (~$18 billion in 2023) after all institutions exited the program." [11]

  8. Constant purchasing power accounting - Wikipedia

    en.wikipedia.org/wiki/Constant_purchasing_power...

    Measurement in units of CPP of all constant real value non-monetary items automatically remedies the erosion caused by the stable measuring unit assumption (Historical Cost Accounting) of the real non-monetary values of all constant real value non-monetary items never maintained constant at all levels of inflation and deflation. It is not low ...

  9. Assured Income for the Severely Handicapped - Wikipedia

    en.wikipedia.org/wiki/Assured_Income_for_the...

    Any income that an AISH recipient receives from the national Canada Pension Plan (CPP) is deducted dollar for dollar from the AISH benefit. [13] For example, a recipient who received the maximum CPP disability payment of C$1,001.37 would have received C$683.63 from AISH in 2019. In 2020, they would receive C$1,377.66 from CPP and C$297.34 from ...