CPP provision Splitting
Types of Canadian Pension Plan (CPP)
November 16, 2020Canada Pension Plan – How much could you receive
November 16, 2020Do you know that :
The provisions of the CPP include:
- Pension sharing
Married or common-law couples in an ongoing relationship may voluntarily share their CPP retirement pensions. - Credit splitting for divorced or separated couples
The CPP contributions you and your spouse or common-law partner made during the time you lived together can be equally divided after a divorce or separation. - Child rearing provision
If you stopped working or received lower earnings to raise your children, you may be able to use the “child-rearing provision” to increase your CPP benefits.