Canada Pension Plan

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf public pension plan
gptkbp:abbreviation gptkb:CPP
gptkbp:administeredBy gptkb:Government_of_Canada
gptkb:Employment_and_Social_Development_Canada
gptkbp:assetsUnderManagement2023 over $570 billion
gptkbp:benefit disability benefits
survivor benefits
children's benefits
death benefit
retirement pension
gptkbp:contributionRate2024 11.9% (self-employed)
5.95% (employee)
5.95% (employer)
gptkbp:contributionsEndAge 70
gptkbp:contributionsStartAge 18
gptkbp:country gptkb:Canada
gptkbp:covers most employed and self-employed Canadians
gptkbp:CPPNumber Social Insurance Number required
gptkbp:currency gptkb:Canadian_dollar
gptkbp:earlyRetirementAge 60
gptkbp:eligibility must have made at least one valid contribution
gptkbp:established 1965
gptkbp:excludes Quebec residents
gptkbp:fundedBy employee contributions
employer contributions
self-employed contributions
gptkbp:headquarters gptkb:Ottawa,_Ontario
https://www.w3.org/2000/01/rdf-schema#label Canada Pension Plan
gptkbp:inflationIndexed yes
gptkbp:language gptkb:French
English
gptkbp:legislature gptkb:Canada_Pension_Plan_Act
gptkbp:managedBy gptkb:Canada_Pension_Plan_Investment_Board
gptkbp:maximumMonthlyRetirementPension2024 $1,364.60
gptkbp:maximumPensionableEarnings2024 $68,500
gptkbp:minimumPensionableEarnings2024 $3,500
gptkbp:normalRetirementAge 65
gptkbp:payoutFrequency monthly
gptkbp:pensionableEmployment employment in Canada outside Quebec
gptkbp:portable yes
gptkbp:relatedTo gptkb:Old_Age_Security
gptkb:Quebec_Pension_Plan
gptkbp:startDate January 1, 1966
gptkbp:taxStatus yes
gptkbp:type defined benefit
gptkbp:website https://www.canada.ca/en/services/benefits/publicpensions/cpp.html
gptkbp:bfsParent gptkb:Lester_B._Pearson
gptkb:Employment_and_Social_Development_Canada
gptkb:Canada_Revenue_Agency
gptkbp:bfsLayer 5