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The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada's public retirement income system, the other being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either employer-sponsored or from tax-deferred individual savings (known in Canada as a registered retirement savings plan).[1] As of June 30, 2024, CPP Investments (CPPI) manages over C$646 billion in investment assets for the Canada Pension Plan on behalf of 22 million Canadians.[2] CPPI is one of the world's biggest pension funds.[3]
- ^ "Canada's Retirement Income System". Archived from the original on 2009-06-09.
- ^ "CPP Investments". Retrieved August 30, 2024.
- ^ Thompson, Jennifer (May 18, 2017). "Canada Pension Plan triples returns on global markets rally". ft.com. Archived from the original on 2022-12-10.