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 Canada Pension Application Form 2020

2020-2025 Form

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Instructions and help about Canada Pension Application Form

[Music] foreign [Music] it's your favorite Scotsman here again and today we are going to be covering all you need to know about how to apply for CPP and OES as well as some things to look out for along the journey it's never too early to start preparing as they say so let's first start with a recap on the basics of CPP to qualify for CPP you must have made at least one contribution to the plan during your working life the standard age for a Canada pension plan pension is 65 but you can begin your pension at any time between ages 60 and 70. applying before age 65 results in a reduction to your pension of 0.6 per month or 7.2 percent per year for the increase after 65 is 0.7 per month or 8.4 percent per year now statistics have shown that a lot of you apply for CPP in the early years and quite often there is a default to just taking it at age 65 because that is when you get your letter the power of suggestion is truly an impressive thing we'll cover that i

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