Canada Pension Plan
The Canada Pension Plan (CPP) retirement pension is a monthly, taxable benefit that replaces a portion of income after retirement. To qualify, a person must be at least 60 years old and have contributed to the CPP.
The Actuarial Excel Addin returns these statistics and many more ready to be incorporated into your calculations.
|Earnings ceiling (YMPE)|
|Employee contribution (double if self-employed)|
|Retirement pension (monthly)|
|Maximum for a retirement at age 65|
|Indexation of pensions in payment on January 1st|