If you choose to begin collecting CPP payments, and are also contributing to the CPP during that time (or are 60-65 and are forced to contribute while collecting), you become eligible for an additional CPP benefit called the post-retirement benefit (PRB). The PRB is an additional amount of...
Instead, CPP is paid out to you in a monthly sum alongside Old Age Security, your private pension and other applicable government benefits to help you with expenses upon retirement. You can get a payday loan using your CPP retirement pension or CPP disability benefit. Is it easy to get a ...