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Thread: Canada Pension Plan and Old Age Security will Increase in 2016
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Sat, Jan 2nd, 2016, 04:36 PM #1
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The new benefit amounts for the Canada Pension Plan (CPP) and Old Age Security (OAS) have been announced.
According to Employment and Social Development Canada, effective January 1st, 2016, CPP benefits will increase by 1.2 per cent for those already receiving them. For 2016, the maximum CPP retirement benefit for new recipients age 65 and older will be $1,092.50 per month, an increase of $330 for the year compared to the 2015 maximum CPP retirement benefit.
This thread is currently associated with: N/ALast edited by couponlady; Sat, Jan 2nd, 2016 at 04:52 PM.
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Thu, Jan 7th, 2016, 04:03 PM #2
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Thanks-I've printed off a copy of the changes so I will be able to inform parent at home.
2021-Bring on the sunshine, sweets & online shopping.
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Thu, Jan 7th, 2016, 07:28 PM #3
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Fri, Jan 8th, 2016, 01:37 PM #4
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Fri, Jan 8th, 2016, 06:27 PM #5
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Niiiiiice cannot wait to retire; only 45 years more :p
"Freedom is a myth, love is non-existent and privacy is delusional! No right to live or die"
Like for me no apparent reason!
https://www.facebook.com/Arvilish-133128550466283/
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Fri, Jan 8th, 2016, 06:43 PM #6
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Fri, Jan 8th, 2016, 07:36 PM #7
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Your first sentence is a very ignorant and misinformed statement. Pick a source below; you can google for more.
http://www.ctvnews.ca/politics/fact-...ners-1.2670735
http://globalnews.ca/news/2349786/no...an-pensioners/
http://www.cic.gc.ca/english/helpcen...asp?q=105&t=11
http://www.snopes.com/politics/immigration/refugees.asp
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Sat, Jan 9th, 2016, 08:45 AM #8
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Sun, Jan 10th, 2016, 08:32 AM #9
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@Arvilish , you don't have to retire if you don't want to.
This lady started working in her 80s and still works at a school at 100 years of age
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Sun, Jan 10th, 2016, 04:21 PM #10
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^Niiice!
"Freedom is a myth, love is non-existent and privacy is delusional! No right to live or die"
Like for me no apparent reason!
https://www.facebook.com/Arvilish-133128550466283/
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Wed, Feb 3rd, 2016, 01:01 PM #11
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The federal government is rolling out the direct deposit enrollment forms to OAS/CPP recipients. Mom's already on DD for those two but there's a third box on the form for CRA. I've asked her to call the tollfree number to find out if she needs to remit the form.
2021-Bring on the sunshine, sweets & online shopping.
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