Step #7: Strengthening CPP/QPP for Better Outcomes — Two Evidence-Based Reforms

December 17, 2024

By: Dr. Bonnie-Jeanne MacDonald, Doug Chandler, and Barbara Sanders

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The National Institute on Ageing (NIA) proudly announces the release of the final paper in its influential series, 7 Steps Toward Better CPP/QPP Claiming Decisions.

The concluding Step #7: Strengthening CPP/QPP for Better Outcomes — Two Evidence-Based Reforms, presents solutions designed to remove key barriers that prevent Canadians from taking full advantage of the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP).

This marks the culmination of a large-scale research effort investigating why so many retirees are missing out on the opportunity to enhance financial security in retirement by delaying their CPP/QPP pensions.

“Until now, we have concentrated on practical and voluntary ways for government and industry to support pre-retirees in making better decisions. But throughout our journey, two barriers have surfaced that can only be overcome through legislative changes,” explains lead author Dr. Bonnie-Jeanne MacDonald, Director of Financial Security Research of the NIA.