Government of Canada announces a new Canada Pension Plan benefit for students

Today, Minister of Seniors, Joanne Thompson, announced new benefits for part-time students whose parents are disabled or deceased and contributed to the Canada Pension Plan (CPP). As of January 1, 2025, eligible part-time students aged 18–24 will receive 50 percent of the amount paid by the CPP to full-time students. For 2025, this is a monthly flat rate of $150.89 for part-time students who qualify for the benefit. Students will need to show a minimum school attendance threshold to qualify for the benefit.

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