There are several changes proposed for the CPP retirement pension. The proposed changes will not affect anyone who is currently collecting the CPP retirement, disability or survivor benefits. It will also not affect anyone who starts to collect their pension prior to 2012.

The proposed changes are included in Bill C-51, which passed first reading in the House of Commons on September 30, 2009.

A person’s CPP retirement pension is calculated as 25% of his average pensionable earnings during his contributory period. The contributory period starts when he turns 18, or 1966, whichever is later. The contributory period ends when he starts collecting the pension.

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