Statements (109)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:urban_area
|
gptkbp:adapted_into |
changing economic conditions
|
gptkbp:administered_by |
gptkb:Canada_Pension_Plan_Investment_Board
gptkb:Government_of_Canada |
gptkbp:allows |
voluntary contributions
|
gptkbp:amended_by |
multiple times since inception
|
gptkbp:based_on |
average earnings during working life
|
gptkbp:benefits |
disabled workers
retired workers survivors of deceased contributors Canadian workers |
gptkbp:collaboration |
federal and provincial governments
|
gptkbp:complement |
gptkb:Old_Age_Security
|
gptkbp:contribution_period |
minimum of 3 years
|
gptkbp:driver |
economic growth in Canada
|
gptkbp:established |
gptkb:1966
|
gptkbp:established_in |
gptkb:1966
|
gptkbp:has |
over $400 billion in assets
over 20 million contributors |
gptkbp:has_a_focus_on |
government policy reviews
|
gptkbp:has_a_reserve_fund |
to ensure long-term sustainability
|
https://www.w3.org/2000/01/rdf-schema#label |
Canadian Pension Plan
|
gptkbp:includes |
disability benefits
retirement benefits survivor benefits |
gptkbp:indexed_to |
gptkb:Consumer_Price_Index
|
gptkbp:is_a |
defined benefit plan
|
gptkbp:is_a_framework_for |
pension reform discussions in Canada
|
gptkbp:is_a_key_component_of |
Canada's retirement income system
|
gptkbp:is_a_public_policy_initiative |
to support aging population
|
gptkbp:is_a_public_program |
available to all eligible Canadians
|
gptkbp:is_a_social_insurance_program |
in Canada
|
gptkbp:is_a_source_of |
financial literacy initiatives
government revenue income for millions of Canadians |
gptkbp:is_a_subject_of |
gptkb:political_debates
gptkb:academic_research public awareness campaigns |
gptkbp:is_administered_at_the_federal_level |
by Employment and Social Development Canada
|
gptkbp:is_aimed_at |
ensuring retirement income security
|
gptkbp:is_available_for |
early retirement options
|
gptkbp:is_available_in |
non-residents
all Canadian citizens |
gptkbp:is_considered |
a model for other countries.
a defined benefit plan a key component of Canadian social policy |
gptkbp:is_critical_for |
Canada's economic stability
|
gptkbp:is_designed_to |
sustainable over the long term
provide financial security in retirement replace a portion of pre-retirement income support low-income retirees |
gptkbp:is_essential_for |
low-income seniors
|
gptkbp:is_evaluated_by |
sustainability
financial analysts independent auditors independent actuaries |
gptkbp:is_funded_by |
payroll taxes
contributions from employers pay-as-you-go system contributions from employees contribution matching contributions based on earnings |
gptkbp:is_indexed_to |
inflation
|
gptkbp:is_influenced_by |
demographic changes
demographic trends |
gptkbp:is_integrated_with |
provincial pension plans
|
gptkbp:is_linked_to |
economic conditions
life expectancy rates |
gptkbp:is_managed_by |
professional investment managers
strict governance standards |
gptkbp:is_part_of |
Canada's social safety net
Canada's retirement income system Canada's national identity. social security system in Canada |
gptkbp:is_promoted_by |
gptkb:Government_of_Canada
|
gptkbp:is_promoted_through |
gptkb:educational_programs
|
gptkbp:is_reviewed_by |
gptkb:Parliament_of_the_United_Kingdom
financial health Chief Actuary of Canada |
gptkbp:is_subject_to |
federal regulations
investment policies economic fluctuations federal and provincial regulations |
gptkbp:is_supported_by |
public awareness campaigns
financial literacy initiatives provincial pension plans |
gptkbp:is_updated_by |
legislative changes
|
gptkbp:key_feature |
financial planning for Canadians
|
gptkbp:legislation |
Canada Pension Plan Act
|
gptkbp:managed_by |
gptkb:Canada_Revenue_Agency
|
gptkbp:mandatory_for |
most workers in Canada
|
gptkbp:maximum_monthly_benefit |
$1,203.75
$1,203.75 (2023) |
gptkbp:membership_fee |
9.9% of earnings
|
gptkbp:model |
pension sustainability
other pension plans in the world |
gptkbp:operates_in |
gptkb:Canada
|
gptkbp:partnership |
gptkb:Old_Age_Security
|
gptkbp:pays_benefits_to |
survivors of deceased contributors
disabled Canadians retired Canadians |
gptkbp:pensionable_earnings |
up to a certain limit
|
gptkbp:performance |
pension adequacy in Canada
|
gptkbp:provides |
financial security in retirement
|
gptkbp:provides_retirement_income |
to eligible Canadians
|
gptkbp:requires |
self-employed individuals
employees in Canada |
gptkbp:reviewed_every |
three years
|
gptkbp:was_a_factor_in |
reducing poverty among seniors
|