Elections, revocations and the Canada Pension Plan

Complying with CPP rules for older employees can be a challenge
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 11/03/2014

It is no secret Canada has an aging population.

In 2011, close to five million Canadians were at least 65 years old, accounting for almost 15 per cent of the population. Employment and Social Development Canada says it expects the number to reach 10.4 million by 2036.

Today’s seniors are not all retiring from work by age 65. Statistics Canada reports that in 2012, 12 per cent of seniors (65 and older) had jobs. Figures from the Canadian Centre for Policy Alternatives indicate the number may be even higher. The research institute’s findings show that in 2012, 24 per cent of people aged 65 to 70 were still working, up from 11 per cent in 2000.