CPP Death Benefit Boost to $5,000 Under Bill C-69: Eligibility and Important Dates
In a significant move to provide greater financial support to Canadians, Bill C-69 has increased the Canada Pension Plan (CPP) Death Benefit to a maximum of $5,000. Effective in 2024, this enhancement addresses the growing financial burden associated with funeral costs and other end-of-life expenses. Here, we outline the updated benefit, its eligibility criteria, application … Read more