Canada Pension Plan changes

By ownwpadmin, on March 7th, 2012

According to the Toronto Star on Mar. 5, 2012, a change in the regulations for CPP allows persons age 65 to 70 to stop paying into the plan. If you continue to contribute, these additional contributions will be saved in a “Post Retirement Benefit” account to increase your monthly pension benefits on withdrawal. For more information on these and other changes, see the government website.