Certified Financial Planner (CFP) Practice Exam · Question
Which of the following describes an eligible criterion for the CPP Disability Benefit?
To qualify for CPP Disability, an applicant must have a disability that is severe (regularly incapable of pursuing any substantially gainful occupation) and pro
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Question: Which of the following describes an eligible criterion for the CPP Disability Benefit?
Answer options:
- The applicant must have contributed to CPP for at least 3 of the last 6 years.
- The applicant must be under age 60 at the time of application. ✅ The applicant must have a severe and prolonged mental or physical disability.
- The applicant must demonstrate they cannot perform their usual job, but can perform other light duties.
Correct answer: The applicant must have a severe and prolonged mental or physical disability.
Explanation: To qualify for CPP Disability, an applicant must have a disability that is severe (regularly incapable of pursuing any substantially gainful occupation) and prolonged (likely to continue indefinitely or be long-term).
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