How much does CPP pay?
Excuse me, could you please clarify the context of the question "How much does CPP pay?" Are you referring to the Canada Pension Plan (CPP) or a different entity entirely? If it's indeed the CPP, the amount paid out is not a fixed figure but rather a percentage of your average earnings throughout your working life, up to a maximum amount. The actual amount you receive will depend on several factors, including your contribution history, the age at which you start receiving benefits, and the current maximum and basic CPP rates. Do you have any specific details or questions about how the CPP payments are calculated?
Can you collect CPP if you live outside Canada?
Certainly! Here's a possible description in the tone of a questioner, keeping the word count to around 300: "I'm curious about something regarding CPP, or the Canada Pension Plan. Let's say you're someone who has contributed to CPP throughout your working life, but you've recently moved outside of Canada for whatever reason. Is it still possible for you to collect CPP payments while residing in another country? Are there any specific rules or regulations you need to be aware of when it comes to collecting CPP as an expat? I'd love to hear your thoughts on this topic, as I'm sure many others may have similar questions.