OPPA Executive Officer of Pension & Benefits, Lisa Hillstrom, joins the 10-5 Podcast for the 3rd episode in our Retirement Planning Series to discuss the CPP benefit and its impact on retirement planning. This includes deciding on when to begin receiving the CPP benefit, impact on pension payments if a member elects to receive the CPP benefit prior to age 65 and how to receive an estimate of how much a member’s CPP benefit will be.

Resources:

The CPP chart Lisa Hillstrom referred to in this episode can be found at https://www.oppa.ca/News-Events/News/Private-News/10-5-The-Official-Podcast-of-the-OPPA-Episode-8-Re (OPPA Member’s Only – Log in required to view).

For an estimate on CPP benefit amounts, please contact Service Canada through their website at https://www.canada.ca/en/employment-social-development/corporate/portfolio/service-canada.html or contact them at 1-800-622-6232.

The Ontario Pension Board can be reached at 1-800-668-6203, [email protected] or visit their website at https://www.opb.ca/

This episode of the 10-5 podcast is produced and hosted by Scott Mills and Joshua Jutras.

Music – “Line of Fire” by Jason Shaw available at Audionautix.com and used under Creative Commons Attribution 4.0 International License - https://creativecommons.org/licenses/by/4.0/legalcode

If you have any questions about this episode of the 10-5 Podcast, please email us at [email protected]