Question: It s 2 0 2 4 and Faaz and Hima have been married for 2 5 years. Faaz has contributed to the CPP for 3

2024

and Faaz and Hima have been married for

25

years. Faaz has contributed to the CPP for

30

years and can collect the full CPP benefit $

1, 364.60 .

Hima has contributed to the CPP for

20

years and can collect

40 %

of the full CPP benefit. They would like to split their CPP pension. What will be their respective CPP benefit amounts after the split? Please explain step by step

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