Which of These Statements Is Correct About the Canada Pension

question 34

Multiple Choice

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

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

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Definitions:

Momentary Voltage

A temporary spike or drop in electrical voltage, typically of short duration.

Normally-open

Refers to a switch or valve that is in an open state, allowing passage or flow, when not actuated.

Energized-to-run

A condition where equipment needs electrical power applied to start operating.

Torque

A measure of rotational force, indicating the power an engine or motor generates to turn a shaft or wheel, crucial in determining a vehicle's acceleration and load-carrying capacity.