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1 (1 point) Saved Listen Henry and Mark, age 59, were common-law partners for 20 years. Henry spent his entire career working for a large
1 (1 point) Saved Listen Henry and Mark, age 59, were common-law partners for 20 years. Henry spent his entire career working for a large bank, whereas Mark was never employed. The couple has recently ended their relationship, and, as per the court order, Henry was required to give Mark a portion of his Canada Pension Plan (CPP) credits. As such, Henry is wondering when he will start receiving payments and if there are any disadvantages to starting early. Which statement best describes this situation? Mark can elect to begin receiving CPP retirement benefits at age 60 If Henry elects to begin receiving his CPP retirement pension early at 59, he cannot subsequently cancel Henry's regular CPP retirement benefits will start automatically at age 65, or he could apply to start as early as 60, subject to a reduction. Mark is ineligible for receiving a regular CPP retirement pension as he has never contributed to CPP
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