What is the maximum monthly orphan's benefit under the CPP for eligible children?

The maximum monthly orphan's benefit under the Canada Pension Plan (CPP) for eligible children is indeed $225. This benefit is designed to support children who have lost a parent who was a contributor to the CPP. The funds provide essential financial assistance to help cover the living expenses of these children, recognizing the unique challenges they face after the loss of a parent.

This amount is set to provide a standard level of support across the nation, ensuring that affected families can still maintain some sense of stability during a difficult time. The $225 figure aligns with the established guidelines for benefits under the CPP as of recent revisions.

Understanding the structure of these benefits is crucial for financial planners, particularly when considering the needs of families impacted by the death of a parent. The orphan's benefit serves a critical role in the overall framework of support that the CPP offers to families in need.