If anybody needs to be convinced how ridiculous it is to mention "greed" and the Canada Pension Plan in the same breath, they only need to contemplate the following facts:
• If you turned 65 in December and applied to start receiving CPP this month, the [b]maximum[/b] annual amount you could possibly receive in 2011 is $11,520; but the [b]average[/b] amount is about 55% of that.
• If you turned 60 in December and applied to start receiving CPP this month, the [b]maximum[/b] annual amount you could possibly receive in 2011 is $8,064.