Which types of benefits are paid by the Canada Pension Plan?

Which types of benefits are paid by the Canada Pension Plan?

• A. Retirement pension
• B. Disability benefits
• C. Survivor benefits
• D. Retirement pension, disability benefits, and survivor benefits

Answer: (C)

Canada Pension Plan benefits come in three main forms: a retirement pension, disability benefits, and survivor benefits. The retirement pension provides a ongoing monthly income after you reach eligible age and have contributed to the plan. Disability benefits support contributors who have a severe and prolonged disability that prevents substantial work, with eligibility based on contributions and medical criteria. Survivor benefits are paid to the surviving spouse or common-law partner and dependent children when a contributor dies, helping maintain income for those left behind. These three cover the primary ways CPP replaces or supports income due to aging, disability, or death. There is also a separate one-time death benefit, but the ongoing benefits described here reflect the core scope.

Canada Pension Plan benefits come in three main forms: a retirement pension, disability benefits, and survivor benefits. The retirement pension provides a ongoing monthly income after you reach eligible age and have contributed to the plan. Disability benefits support contributors who have a severe and prolonged disability that prevents substantial work, with eligibility based on contributions and medical criteria. Survivor benefits are paid to the surviving spouse or common-law partner and dependent children when a contributor dies, helping maintain income for those left behind. These three cover the primary ways CPP replaces or supports income due to aging, disability, or death. There is also a separate one-time death benefit, but the ongoing benefits described here reflect the core scope.