Which of These Statements Is Correct About the Canada Pension

question 23

Multiple Choice

Which of these statements is correct about the Canada Pension Plan (CPP) ?

• A)The CPP dates back to 1996.
• B)CPP contribution is based on your age.
• C)CPP benefits decrease by 0.5 percent for each month earlier than the month of your 65^thbirthday should you start your benefits before age 65.
• D)The federal government matches the CPP contributions of self-employed individuals.
• E)You can begin receiving your CPP benefits at the age of 59.

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Definitions:

Managers

Persons within a company who are in charge of guiding and supervising a team's activities.

Individualism View

An outlook or perspective that emphasizes the moral worth of the individual and the importance of personal independence and self-expression.

Ethical Behaviour

Acting in ways consistent with what society and individuals typically think are good values.

Self-Interests

The focus on one's own benefit or advantage, especially when pursued without regard for others.