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Canada Revenue Agency Provides Information on CPP Changes
The Canada Revenue Agency scheduled a free webinar on the new Canada Pension Plan (CPP) rules that will come in effect January 1, 2012. Although the live English version of the webinar scheduled for December 7, 2011 is full, an archived recording and text transcript will be made available.
As of January 2012, employees and self-employed individuals who are working and are receiving a CPP or Québec Pension Plan retirement pension and are:
- 60 to 65 years of age, will have to contribute to the CPP;
- at least 65 years of age but under 70, can elect to stop contributing to the CPP;
- at least 65 years of age but under 70 who elected to stop contributing to the CPP, can revoke their election in a later year.
Information on CPP changes
Webinar slide presentation
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