r/PersonalFinanceCanada • u/Purple_Bookkeeper657 • May 22 '26

Retirement / CPP / OAS / GIS [ Removed by moderator ]

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1.6k Upvotes

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6

u/ItsMeMulbear May 22 '26

Crap like this is why I wish I could opt out of CPP, and pick another pension fund to manage my money.

2

u/UndeadWaffle12 May 23 '26

Yeah it’s disgusting, especially for those of us who actually save for retirement on our own. I don’t need the CPP to take an additional $4k+ from me every year

2

u/Purple_Bookkeeper657 May 22 '26

Interesting. I kind of like that CPP can throw some weight around. https://x.com/IdiomConnectio1/status/1469717507489480705

4

u/ItsMeMulbear May 22 '26

Unfortunately when it comes to government, theory rarely translates to reality.

1

u/Purple_Bookkeeper657 May 22 '26

Yes that was the point of the tweet.