Financial Services

Financial Services

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CPP: Working at Age 60 and Over

CPP changes effective 2012:

  • All employees aged 60 to 65 will be required to make CPP contributions even if they are receiving a CPP retirement pension.
  • All employees aged 65 to 70 who are receiving a CPP retirement pension will be required to contribute unless they have elected to stop their CPP contributions.
  • To elect to stop contributing to CPP, employees will have to be at least 65 years of age and do the following:

Benefit Changes:

  • Changes to CPP retirement pension benefits began in 2011 and will continue to be phased in until 2016.
  • If you are retired, or are planning your retirement, you are encouraged to visit the Government of Canada - Canada Pension Plan Overview page for tools and information that may affect you.