@Traceskipper @HighlandDude@pancholi_rakhi@JanisIrwin Guy - every month you wait after 65 to take CPP, your benefit goes up by 0.7% (8.4% per year, 40% for the whole five years). Same goes if you take it as early as 60, it goes down by the same.
It is also linked to inflation, it will go up every year (ever so slightly)
@forevaeva79 @JanisIrwin I’m happy to see Alberta go through the exercise of due diligence on an APP, though. The money that we have contributed, that our employers have contributed would still be ours legally. We don’t ’start from scratch’.
@forevaeva79 @JanisIrwin CPP’s ten year number, which is much more important than the one year number is over 10%. It is empirically the best sovereign wealth fund on earth.
Eva, the fund invests outside of Canada (87%, I believe) because they have a responsibility to the fund holders - NOT the gov’t.