Canadian Investment & Retirement Roadmap

Question 01/18

If you are 62 years old, working, and have already started collecting your CPP retirement pension, what are your options regarding CPP contributions?

You can choose to stop contributing immediately by filing Form CPT30. You can stop contributing only if your employer agrees to it. You are automatically exempt from contributions because you are already a beneficiary. You must continue to contribute to the CPP until you reach age 65.