Which of these statements is correct about the Canada Pension Plan (CPP)?

Question

Quizplus · Accepted Answer

The Canada Pension Plan (CPP) has been around since 1966, not 1996. There are actually four types of CPP benefits, including retirement pension, disability benefits, survivor benefits, and children's benefits. CPP contribution is based on your income, not your age. The federal government does not match the CPP contributions of self-employed individuals. And while you can start receiving your CPP benefits as early as age 60, the amount you receive will be reduced if you take it before your full retirement age (which varies from 65 to 67, depending on your birth year).

Which of These Statements Is Correct About the Canada Pension