SECTION / PENSIONS
5 SHEETS ON FILE
Pensions
How the Canada Pension Plan is built, indexed and paid, worked through line by line.
SHEET 005 / PENSIONS
How years spent raising children can lift a CPP pension
Years at home with a child under seven can be taken out of the calculation. On a record with gaps, that can move the average more than people expect.
SHEET 004 / PENSIONS
The extra CPP benefit that keeps growing if you keep working
Work after starting CPP and the contributions do not vanish. Each year adds a small, separate, lifetime benefit, paid from the following January.
SHEET 003 / PENSIONS
What the CPP enhancement adds for people still working
Since 2019 the plan has been collecting more and promising more. For anyone retiring soon, the extra arrives in proportion to the years left, not all at once.
SHEET 002 / PENSIONS
Why almost nobody receives the CPP maximum
The maximum at 65 is $1,507.65 a month. The average new pension is $858.34. The gap is built into the formula, and it is worth knowing where.
SHEET 001 / PENSIONS
What twenty years of indexation does to a CPP pension
Two per cent a year sounds like nothing. Compounded every January, it is the difference between a pension that holds its value and one that quietly shrinks.
TaxesThe credits and thresholds on a retirement tax return, and what each one is worth in dollars.
2 SHEETS
SavingsRRIFs, TFSAs and workplace pensions: the arithmetic of drawing down what was put away.
3 SHEETS
BenefitsIncome-tested and disability benefits, and the rules that decide how much of them arrives.
2 SHEETS
THE THURSDAY SHEET / FREEThe Thursday Sheet. Rates, thresholds and dates behind Canadian retirement income, on one page.
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