Canada Pension Plan

Business, Legal & Accounting Glossary

Definition: Canada Pension Plan


Canada Pension Plan

Quick Summary of Canada Pension Plan


A social insurance program based upon personal income that requires contributions by Canadian residents. The plan provides benefits for residents upon retirement or significant disability. The program is one of three retirement income programs. It pays a portion of a contributor’s earnings, based upon a period of earning years and the Consumer Price Index.




Synonyms For Canada Pension Plan


CPP


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https://payrollheaven.com/define/canada-pension-plan/ (accessed: December 06, 2021).
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Canada Pension Plan. PayrollHeaven.com. Retrieved December 06, 2021
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Definition Sources


Definitions for Canada Pension Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.