Cpp as a whole really approaches criminal. Returns under inflation, no return of invested capital, death benefit hasn't changed value in decades, death benefit is taxable, spouse often gets nothing, ypu are required to make contributions even if you have already maxed benefit, etc etc. Just another government bureaucracy to spend billions on while fleecing taxpayers.
The concept of a safety net makes sense. The implementation is beyond appalling and approaching a ponzI scheme. Cpp2 was added to ensure there are enough funds to meet obligations. Then they paid a bunch of youtube channels to talk about how good and stable cpp is and how it is stable for at least 75 years. Now run the numbers without a constant stream of extorted money and see if it is an investment or ponzi.
I ran the numbers for my cpp. Deposit money, wait more than 30 years, get back money with ~2% rate of return over that time. The only way I could do worse is if I left it in cash.
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