Thanks for pointing out the ridiculously obvious. You should run along now and let the adults talk
Then why were you so wrong about CPP?
Thanks for pointing out the ridiculously obvious. You should run along now and let the adults talk
Then why were you so wrong about CPP?
Nobody I know gets an employer contribution. Those days are long gone.
I think you are right for once (of course that would make Putz wrong as usual) but the Pensions are just returning our own money plus interest! Wise people can understand that!
CPP doesn't. You're welcome
Cannuck do you have a CPP or an Old age deduction on your paycheck? Don't have a paycheck? well that would explain why you don't know that CPP is employer and employee contributions payed by the employer 2:1 to the CPP fund. Old age is Gov. mandatory Pension which you will get.
Sure looks like you are wrong
T.M. The history is all printed out right here on the forum. Do you know anyone who pays wages and deducts for C.P.P. etc. for someone who spends working hours 24/7 writing nonsense and insulting sensible people?
I'm sure it does to an idiot like you. The reality is though, that the assets held in the CPP fund are by themselves insufficient to pay for all future benefits
That's true, I thought even Bottle depot might pay into CPP I could be wrong since it is user fee financed and Gov. sponsored![]()
I thought even Bottle depot might pay into CPP
Not at present though it still has a large surplus, when they get all the borrowed money back from the Provinces it may sustain itself.
Read this and weep Mr. know-it-allNobody I know gets an employer contribution. Those days are long gone.
Under CPP and EI legislation, both the employer and the employee may be obligated to contribute to the CPP when the employee is in pensionable employment and to EI when the employee is in insurable employment. Employers make CPP contributions and pay EI premiums for each employee and deduct CPP contributions and EI premiums from amounts they pay their employees and remit these amounts to the Canada Revenue Agency (CRA). For CPP contributions, the employer and employee portions are the same. For EI premiums, the employer portion is generally 1.4 times the employee portion.
Read this and weep Mr. know-it-all
Source: https://www.canada.ca/en/revenue-ag...s-responsibilities-benefits-entitlements.html
Someone quote me cause I'm on his ignore list......He can't stand the truth!Under CPP and EI legislation, both the employer and the employee may be obligated to contribute to the CPP when the employee is in pensionable employment and to EI when the employee is in insurable employment. Employers make CPP contributions and pay EI premiums for each employee and deduct CPP contributions and EI premiums from amounts they pay their employees and remit these amounts to the Canada Revenue Agency (CRA). For CPP contributions, the employer and employee portions are the same. For EI premiums, the employer portion is generally 1.4 times the employee portion.
Good gawd you're a moron
Do you know anybody who doesn't feel that way about themselves around here? (or anyplace else as well)Fortunately I never get tired of being right
https://www.google.ca/amp/s/www.the...he-cpp-will-be-there-for-you/article37412941/
Fortunately I never get tired of being right
The 9.9-per-cent contribution rate was fully phased in by 2003 and has not increased since then. According to projections carried out by the Office of the Chief Actuary, it would have been sufficient to fund the existing CPP benefits for at least the next 75 years.
The rate will start to rise again in 2019, but for a different reason. The CPP enhancements that were announced in 2016 will require higher funding. By law those new benefits have to be fully funded so as to avoid passing the costs along to the next generation.
So do current working-age Canadians need to worry about their CPP pensions? The short answer is no. Workers will definitely get a CPP pension. The ultimate cost of CPP pensions may end up being a little higher than what the chief actuary has estimated but it also might be a little lower. The factors that affect cost are the unemployment rate, immigration, the birth rate or and changes in life expectancy
Out of the mouths of babes and fools....................................!Do you know anybody who doesn't feel that way about themselves around here? (or anyplace else as well)