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  2. Canada Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Canada_Pension_Plan

    The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada 's public retirement income system, the other being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either employer-sponsored ...

  3. Pensions in Canada - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_Canada

    The Canada Pension Plan Investment Board (CPPIB) is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the CPP. As of December 31, 2022, the CPP Investment Board manages over C$ 536 billion in assets under management for the Canada ...

  4. 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] Implementation is the responsibility of the Minister of ...

  5. The Average Retirement Age in 2024: US vs. Canada - AOL

    www.aol.com/average-retirement-age-2024-us...

    In Canada, the standard age to start the pension is 65. Similar to the U.S. there is flexibility in the age. You can start receiving it as early as age 60 or as late as age 70. Like the U.S ...

  6. Registered retirement savings plan - Wikipedia

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

    Registered retirement savings plan. A registered retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.

  7. Pension regulation in Canada - Wikipedia

    en.wikipedia.org/wiki/Pension_regulation_in_Canada

    The Pension Benefits Act is administered by the Superintendent of Financial Services appointed by the Financial Services Commission of Ontario. Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act ...

  8. Social programs in Canada - Wikipedia

    en.wikipedia.org/wiki/Social_programs_in_Canada

    Social programs in Canada (French: programmes sociaux) include all Canadian government programs designed to give assistance to citizens outside of what the market provides. The Canadian social safety net includes a broad spectrum of programs, many of which are run by the provinces and territories. Canada also has a wide range of government ...

  9. Individual pension plan - Wikipedia

    en.wikipedia.org/wiki/Individual_Pension_Plan

    An individual pension plan or IPP is a Canadian retirement savings vehicle. An IPP is a one-person maximum defined benefit pension plan which allows the plan member to accrue retirement income on a tax-deferred basis. As such, an IPP must conform to the Canadian Income Tax Act (ITA) and regulations (ITR) as well as the requirements of the ...