Quote:
Originally Posted by GGG
That’s the maximum insurable income.
Maximum payout is 1175 per month right now and rising with the new program plus 600 or so for OAS and up to 900 for GIC.
So with those programs you receive somewhere between 1500 and 1800 so in that 20k ballpark.
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Politically, CPP will be impossible to kill, imo. Even though many of the current recipients paid nowhere near the cost of their pensions, they will feel they saved for their own cpp retirement and won't want it replaced with something else.