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  2. Canada Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Canada_Pension_Plan

    In October 2018, the average monthly benefits for a new retirement pension (taken at age 65) was just over $664.00 per month, and the maximum amount in 2019 was $1,154.58 per month. Monthly benefits are adjusted every year based on the Consumer Price Index. CPP benefit payments are taxable as ordinary income.

  3. Central Provident Fund - Wikipedia

    en.wikipedia.org/wiki/Central_Provident_Fund

    As of 2023, the employer's CPF contribution is 17% for those up to the age of 55 and decreases to 7.5% for those aged 70 and above. For employees, the CPF contribution is 20% up to the age of 55, 15% for those above 55 to 60 years of age, and it decreases to 9.5% for individuals aged above 60 to 65.

  4. Ontario Retirement Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Ontario_Retirement_Pension...

    It is designed to provide up to 15 per cent of a retiree's pre-retirement income as an annual pension, adding about the same amount as the Canada Pension Plan (CPP) for those who have contributed to both plans. Employees and employers would each contribute 1.9 per cent of an employee's income up to a maximum of $90,000 of income per year.

  5. OMERS - Wikipedia

    en.wikipedia.org/wiki/OMERS

    The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.

  6. 2024-2025 HSA contribution limits: Key numbers to know - AOL

    www.aol.com/finance/2024-hsa-contribution-limits...

    The maximum contribution for self-only coverage is $4,300 ($4,150 in 2024). The maximum contribution for family coverage is $8,550 ($8,300 in 2024). Those age 55 and older can make an additional ...

  7. Ontario Health Insurance Plan - Wikipedia

    en.wikipedia.org/wiki/Ontario_Health_Insurance_Plan

    The Ontario Health Premium (OHP) is a component of Ontario's Personal Income Tax system. The OHP is based on taxable income for a taxation year. As of May 2010, an Ontario resident with taxable income (i.e., income after subtracting allowable deductions) of $21,000 pays $60 per year. With a taxable income of $22,000, the premium doubles to $120.

  8. Ontario Teachers' Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Ontario_Teachers'_Pension_Plan

    On December 2, 2008, New York lawyer Marc Stuart Dreier was arrested at Ontario Teachers' Toronto offices and charged with impersonating, through his words and by the use of business cards, Michael Padfield, a senior lawyer with the pension plan. A receptionist in the Ontario Teachers' offices had become suspicious and notified Toronto police.

  9. Registered retirement savings plan - Wikipedia

    en.wikipedia.org/wiki/Registered_retirement...

    Prior to 1991, contribution limits were calculated at 20% of the prior year's reported earned income, up to a maximum of $7,500 for taxfilers without an employer-sponsored registered pension plan, or $3,500 for taxfilers who had an employer-sponsored registered pension plan.