The Lucknow Sentinel, 1975-01-08, Page 15A monthly benefit payable to unmarried dependent children
under'18 and to unmarried dependent children between 18
and 25 attending school or university on a full-time basis,
where the contributor concerned is in receipt of a CPR
Disability_Pension ' •
NOTE: In all cases it is necessary to make application for
benefits. If such applications are approved, payments can
only be made currently—that is, from January 1, 1975. No
payment can be made for any period prior to that date.
Benefits for Children of Disabled Contributors
•
IiIiPPIESuiT, JANUARY N. 1975 TH.E LUCRN01111 SENTINE4,11.111CKNOW, INTARIO PAGE FIFTEEN
Herds good news.. for CPP contributors-their suriAVing spouses and depend nt children
Recent.chankes to the Canada Pension Plan will result in substantially increased benefits for 1975 and subsequent years.
There are other important changes, too. Some affect people over 65-or approaching that age. Others provide equality for the
spousei and dependent children of male and female contributors. These changes may .require prompt action or getting
advice. So We ,sUggest you read this message very carefully.
Rptirernent Pensions
Have you contributed to the Ran
at any time since January 1,1966?
Are you .between 65 and 69?
Then-you have a choice .
Apply now and start receiving your monthly CPP retirement
:pension. No more need to retire to collect benefits. (Once
you start receiving your pension, however, you can't make
further contributions to the Plan.)
OR . • ,
Continue to contribute to the CPP and pOssibly build up a
„ larger retirement pension to commence at a later date.
Continuing to contribute is also a way to qualify.surliVors
for benefits if you have not already done so. (When •
approaching age 70, you should consider applying for your
retirement pension because after 70'you may no longer
contribute to the Canada Pension Plan.)
NOTE: Before making your choice you may wish to seek
advice from the nearest CPP office. The staff will 'be pleased
• to help you.
Are you approaching age 65?
If you have made your choice and want your CPP retirement
pension•to commence as early as possible, you should apply
two or three months before your 65th birthday.
NOTE: There is no provision for retroactive payment of
retirement pensions between the ages of 65 and 69.. So if
you're in that age group or approaching it, get advice as'
soon amssible.
Do you now receive a CPP retirement pension? '
As of,January 1st, 1975, your pension will no 'longer be
affected by any money you earn thereafter.
Equal Protection
for Males• and Females
This theanithat for female cOntribUtors, in addition to being'
eligible for a retirement pensjon and disability Protection for
themselves, and a death benefit payable to their estates, as
has been,the case in the past, their 'spouses and dependent '
children are now eligible,for benefits as follows:
Benefitt for Surviving Spouses
A monthly pension payable to the widower who at the time of
the death of The contributor is Over 35 years of age, or under
35 years of age but iS disabled0 has dependent children;
that is; a benefit similar to that which has always existed
for widows.
Benefits for Orphans
A monthly benefit payable to unmarried dependent children
under 18 and to unmarried dependent children between 18 •
and 25 attending school or university on a fuli-time basis.
In order for survivors to qualify, the contributor must have
died in January 1968 or later and must have contributed for
the minimum contributory period, which is three years for
deaths occurring before January' 1,1975. ,
Other Changes:
The earnings ceiling—that is, the maximum amount Qh
which contributions can bepaid and on which benefits
cante calculated—i8 being raisecito $7400 in 1975
a 0 $8300 in 1976. The initial'amount of earnings,
o hich you are not required to contribute, will be
$70 in 1975.
MAXIMUM MONTHLY CPP BENEFITS
Effective January 1975
Retirertient. Pension , $122.50
Disability Pension. • ' $139.35
Surviving Spouse's Pension—under 65. . . . , $ 88.31
over 65 $ 81.67
Orphan's Benefit $ 37.27
Disabled Contributor's Child's Benefit $ 37.27
Death Benefit (Lump Sum) $740.00
Health Sante et
and felfare • Bien-etre social
Canada Canada
Marc Lalonde, Minister
For assistance contact,: '
Your nearest Canada Pension Plan office
$
Your Canada Pension Ran keeping up with ch' ing times