01/31/2012 05:29 EST | Updated 04/01/2012 05:12 EDT

Six Big Canada Pension Plan Changes Coming In 2012


Last week in a speech in Davos, Switzerland, Prime Minister Stephen Harper lit a political powder keg when he hinted at possible changes to Old Age Security benefits. He was quick to point out that the Canada Pension Plan is "fully funded, actuarially sound and does not need to be changed," but a close look at the plan shows some alterations to the CPP are already under way.

The rules governing the Canada Pension Plan are updated regularly, but most years the changes are limited to simple increases to benefit payments and premiums. Not this year.

Photo gallery CPP Changes See Gallery