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Acronyms that contain the term Canada Pension Plan
What does Canada Pension Plan mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: Canada Pension Plan.
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What does Canada Pension Plan mean?
- Canada Pension Plan
- The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It forms one of the two major components of Canada's public retirement income system, the other component being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either employer-sponsored or from tax-deferred individual savings (known in Canada as a Registered Retirement Savings Plan). As of Jun 30, 2022, the CPP Investment Board manages over C$523 billion in investment assets for the Canada Pension Plan on behalf of 20 million Canadians. CPPIB is one of the world's biggest pension funds.
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"Canada Pension Plan." Abbreviations.com. STANDS4 LLC, 2024. Web. 3 May 2024. <https://www.abbreviations.com/Canada%20Pension%20Plan>.
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