Retirement starts here
The CPP Investment Board does its part to help ensure that CPP will be there when you’re ready to retire. It’s important because, along with Old Age Security, CPP is where your retirement starts.
Canadian government statistics say the average CPP recipient gets around $8,500 per year, while the basic OAS payment is around $7,200 a year. While that’s not enough to retire on, it’s far better than starting from zero.
And, because of the way the CPP Fund is managed – by a global team of investment professionals who operate without government interference – you can be confident that CPP will be there.
And that can help ensure your personal savings go further.
CPP Investment Board, Investing Today for Your Tomorrow.
The content on this site is provided for information purposes only. CPPIB is not a financial advisor, and the content on this site does not provide financial advice. Every person’s financial planning needs are different. For advice on how you should prepare financially for retirement, please consult a credentialed professional financial advisor.