Canada Pension Plan


The Canada Pension Plan (CPP) is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's state-sponsored retirement income system, the other component being Old Age Security (OAS). The intention of the CPP program is to mandate all employed Canadians 18 and over to contribute a prescribed portion of their earnings income to a nationally administered pension plan. The plan is administered by Human Resources and Social Development Canada on behalf of employees in all provinces and territories except Québec.