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Canadian Pension Plan

Many federal politicians who decide to retire are set to walk away with millions of dollars from the lucrative parliamentary pension plan.


The eligibility rules for that stipulate an MP qualifies for the pension plan after serving six years in office.


The average annual pension in 2011-12 was $58,051 for former MPs and $66,218 for former senators.


 

Do you know average Canadian or immigrant has to at least 40 years between age of 18 and 65 in order to qualify for Canada Pension Plan.


If you have lived 40 years you will be qualify for Canada Pension Plan annually for maximum of $5000/- to $8000/-


You have may be worked and contributed for 30-40 or 50 years that has no value to receive.


Canada Pension Plan Calculator

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