The CPP (Canada Pension Plan) is a social insurance program in Canada that provides retirement, disability, survivor, and death benefits to eligible individuals. It’s a mandatory contribution program for most working Canadians and their employers. Employees and employers make contributions based on a percentage of the employee’s earnings, up to a maximum amount set by the government each year.

The CPP retirement pension is a monthly payment available to individuals who have contributed to the plan during their working years and have reached the age of eligibility. The amount of the pension is based on the individual’s contributions to the CPP throughout their working life.

In summary, CPP stands for Canada Pension Plan, which is a government-run pension program in Canada.