WHEN THE CPP WAS PUT IN PLACE BY THE GOVERNMENT OF THE DAY IN 1965 IT WAS MEANT TO ASSIST PEOPLE THAT DID NOT HAVE A PENSION.

EMPLOYEE PUT IN A PER-CENT AND THE EMPLOYER DOUBLED THE EMPLOYEES INPUT. THERE IS NO MONEY IN THE CPP FROM THE GOVERNMENT OF CANADA. FOR A FEE FROM THE POOL THE GOVERNMENT WAS SUPPOSED TO MAKE  THE POOL GROW. WE AS CANADIANS ARE GETTING LESS THAN HALF OF WHAT THAT POOL SHOULD BE PAYING OUT EVERY MONTH.WE ARE BEING  CHEATED OUT OF SOMETHING THAT IS LEGALLY OURS . NOT THE GOVERNMENTS.

THIS SHOULD BE INVESTIGATED BY THE SUPREME COURT???????

Good information for our families and friends -- keep passing this around until everyone has read it.  
 
THOSE WHO WENT BEFORE:  One very major thing wrong with the government’s calculations 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?
 
Also, please ponder these additional 5 points........
THE MATH:   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 (say 45 years), that's $202,500. Read that again. Did you see where the Government paid in one single penny?
 
THE INTEREST: 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.  If you calculate the future invested value of  $4,500 per year (yours & your employer's  contribution) at a simple 5% interest, after 49  years of working you'd have  $892,919.98.
THE SCHEME:  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. These losers in Ottawa have pulled off a bigger Ponzi scheme than Bernie Madoff ever did! 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 does the government keep using it as their general piggy bank?
 
THE ENTITLEMENT: They are calling CPP payouts an entitlement. 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!!  Example: Think about senator entitlements we pay for. --- 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?
 
THE REFUGEES: The latest estimate (as per Global News) is that it is going to cost SIX HUNDRED MILLION ($600,000,000) to bring in the 25,000 refugees.  The government (according to the Public Accounts office) is already FIVE BILLION in the hole.  How much more will they take from our CPP to cover this expense?  The Immigration Minister, John McCallum, in a recent Global interview, said that he was presenting his plan to Cabinet shortly.  He could not be pinned down as to cost.   Will they write a blank cheque out of our CPP?  The new philosophy is refugees 1st, Canadians last.  Who stands on guard for us???
 
Sad isn’t it? 
Yet 99% of people won't forward this on.

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