This is something I never thought about: the men and women who die BEFORE drawing on their Canada Pension Plan.

                Who  died before they collected Canadian Pension Plan? (CPP) 
   
                      KEEP  PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE  OPPORTUNITY TO READ IT... THIS IS SURE SOMETHING TO  THINK ABOUT!!!!
   
         THE  ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF  AVAILABLE CPP IS THAT THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A  CPP CHEQUE!!!
   
         WHERE  DID THAT MONEY GO?
   
         Remember,  not only did you and I contribute to CPP but your employer did, too. It totalled 15% of your  income before taxes. If you averaged only $30K over  your working life, that's close to $220,500. Read that  again. Did you see where the Government paid in one  single penny?
   
     We  are talking about the money you and your employer put  in a Government bank to insure you and I that we would  have a retirement cheque from the money we put in, not  the Government. Now they are calling the money we put  in an entitlement when we reach the age to take it  back. If you calculate the future invested value of  $4,500 per year (yours & your employer's  contribution) at a simple 5% interest (less than what  the govt. pays on the money that it borrows), after 49  years of working you'd have  $892,919.98.
   
         If  you took out only 3% per year, you'd receive  $26,787.60 per year and it would last better than 30  years (until you're 95 if you retire at age 65) and  that's with no interest paid on that final amount on  deposit! If you bought an annuity and it paid 4% per  year, you'd have a lifetime income of $2,976.40 per  month.
   
         Another  thing with me.... I have two deceased husbands who  died in their 50's, (one was 51 and the other one was  59 before one percent of their CPP could  be drawn). I worked all my life and am drawing 100% from my own CPP so I am receiving the maximum allowable payment per month. My two deceased husband's CPP money will never  have one cent drawn from what they paid into the CPP plan all  their lives.
   
        
     THE FOLKS IN OTTAWA HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
   
         Entitlement  my foot, I paid cash for my CPP!  Just because they borrowed the money for other  government spending, doesn't make my benefits some  kind of charity or  handout!!
   
         Remember  Senator's benefits? --- free healthcare,  outrageous retirement packages, 67 paid holidays,  three weeks paid vacation, unlimited paid sick days.  Now that's welfare, and they have the nerve to call my  CPP retirement payments entitlements?
   
    
         We're  "broke" and the government can't help our own Seniors, Veterans,  Orphans, or Homeless. Yet in the past few years we  have provided aid to Haiti , Chile , Turkey , Pakistan , etc, etc, etc.  Literally,  BILLIONS of DOLLARS!!! And they can't help our own  citizens !
   
         Our  retired seniors living on a 'fixed income' (CPP and OAS)   receive no additional federal aid nor do they get any  financial breaks, while our government and religious  organizations pour hundreds of billions of $$$ and  tons of food to foreign  countries!
   
         They  call CPP an entitlement even  though most of us have been paying for it all our  working lives, and now, when it's time for us to  collect, the government is running out of money. Why  did the government borrow from it in the first place?  It was supposed to be in a locked box, not part of the  general  fund.