The benefit rates for the Canada Pension Plan are increasing next year, says Employment and Social Development Canada.
Pension wealth advanced to $2.85 trillion at the end of 2013, up 11.4% from 2012, says Statistics Canada.
Enhancing the Canada Pension Plan isn’t required because Canadians have saved enough, say Ian Lee, assistant professor at the Sprott School of Business at Carleton University.
The Canada Revenue Agency will raise the maximum pensionable earnings under the Canada Pension Plan for 2015 to $53,600, up from $52,500 in 2014.
A study finds that the cost of running the Canada Pension Plan has more than tripled due to increased external management fees.
The Association of Canadian Pension Management says there are principles that should be followed in any expansion of mandatory public plans.
The work performed by the Office of the Chief Actuary on the 26th Actuarial Report on the Canada Pension Plan meets all professional standards of practice and statutory requirements, according to an external peer review panel’s findings.
There isn't a retirement income crisis in Canada, according to a study.
Updated pension legislation and an enhancement to Canada Pension Plan could help Canadian workers save enough to support a standard of living they would find satisfactory in retirement, according to a whitepaper.
A Toronto man is accused of fraudulently collecting an estimated $197,000 in Canada Pension Plan and old age security payments.