CPP Changes Effective January 1, 2012
Changes to the Canada Pension Plan (CPP) will take effect January 1, 2012.
Changes will affect you if you are:
- Aged 60 to 65 and currently receive a CPP retirement pension
- Aged 65 to 70 and currently receive a CPP retirement pension
You will not be affected if you are currently 70 years of age or older. CPP contributions were stopped on the final pay date in the month of your 70th birthday and will not restart in 2012.
To get more information, please read the full overview of the Canada Pension Plan changes.