For most workers in Canada, there’s a chunk of money deducted from each paycheck that goes toward the Canada Pension Plan. It happens whether you want it to or not. That’s because the CPP was set up to force people to save for their retirement. Canadians become eligible to receive a monthly payment when they reach the age of 60. However, many factors determine how much money an individual will get.Brenda Bouw, a reporter for Globe Advisor, explains how CPP works, what determines how much you get and the debate around what’s the right age to claim it.To visit The Globe’s CPP calculator, click here.Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com