Canadian Pension Plan

GPTKB entity

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