Question
I don't think it's as simple as just A) being the answer, I'm assuming we have to work with something given his age, not sure
I don't think it's as simple as just A) being the answer, I'm assuming we have to work with something given his age, not sure what though.
Gerry is 67 years old and recently retired.He has lived in Canada all his life and qualifies for the maximum retirement benefit under CPP.As of today, the maximum OAS benefit is $586.66 per month, and the maximum CPP retirement benefit is $1,134.17.If Gerry applies for both today, what will be his monthly payment for each?
a)$586.66 OAS, $1,134.17 CPP
b)$621.86 OAS, $1,213.56 CPP
c)$635.77 OAS, $1,289.01 CPP
d)$671.14 OAS, $1,324.71 CPP
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