It's 2017 and Faaz and Hima have been married for 30 years. Faaz has contributed to...

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It's 2017 and Faaz and Hima have been married for 30 years. Faaz has contributed to the CPP for 40 years and can collect the full CPP benefit. Hima has contributed to the CPP for 30 years and can collect 40% of the 2017 CPP benefit. They would like to split their CPP pension. What will be their respective CPP benefit amounts after the split? SHOW YOUR WORK. It's 2017 and Faaz and Hima have been married for 30 years. Faaz has contributed to the CPP for 40 years and can collect the full CPP benefit. Hima has contributed to the CPP for 30 years and can collect 40% of the 2017 CPP benefit. They would like to split their CPP pension. What will be their respective CPP benefit amounts after the split? SHOW YOUR WORK.

Answer rating: 100% (QA)

Solution Faazs CPP Benefit 4070 x 2017 CPP Benefit Amount 4070 x 13610 4070 x 13610 9728 Himas CPP B... View the full answer