PEPP - Lifetime Pension Workshop
Description
The Public Employees Pension Plan (PEPP) is offering a new retirement income option called Lifetime Pension. It’s for retired or retiring PEPP members between the ages of 50 and 94.
Canadians are living longer than ever. Stats show that people retiring at age 65 have an average life expectancy of 85 years. And 50 per cent of those will live beyond age 85! Which begs the question, “Will you have enough money to last your lifetime?”
These stats drive home the need for proper financial planning. Today’s retirees expect their financial plan to support a longer lifespan – and many want their pension plan to help with this concern, including PEPP retirees.
The Lifetime Pension addresses the risk of outliving your retirement savings and is designed to provide you with a dependable monthly pension payment for life.