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@@ -50,6 +50,16 @@ Objective of this section is to enable you to identify the following Canada Pens
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Canada Pension Plan
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~~~~~~~~~~~~~~~~~~~
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The **Canada Pension Plan** (CPP) is a federally legislated social insurance program established under the Canada Pension Plan
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Act. Its primary purpose is to provide financial protection to contributors and their families in the event of retirement,
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disability, or death. The program is funded through mandatory payroll deductions from employees, which are matched equally by
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employers. These employee contributions are specifically referred to as Canada Pension Plan contributions.
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In addition to the CPP, employers may offer private or non-government pension plans, which may also involve payroll
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deductions from employees. The specific payroll withholding requirements for these supplementary pension plans will be discussed
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in more detail in the later chapters; it is important to note that the CPP is often one of multiple retirement savings
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vehicles available within an organization's compensation structure.
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Employment Insurance
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--------------------
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