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Res.2 |
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by
maki
from
無回答 2008/03/26 13:59:25
OAS:
The Old Age Security pension is a monthly benefit available, if applied for, to most Canadians 65 years of age or over. Old Age Security residence requirements must also be met. An applicant’s employment history is not a factor in determining eligibility, nor does the applicant need to be retired. Old Age Security pensioners pay federal and provincial income tax. Higher income pensioners also repay part or all of their benefit through the tax system.
Eligibility conditions: To qualify for an Old Age Security pension, a person must be 65 years of age or over, and
must be a Canadian citizen or a legal resident of Canada on the day preceding the application’s approval; or
if no longer living in Canada, must have been a Canadian citizen or a legal resident of Canada on the day preceding the day he or she stopped living in Canada.
A minimum of 10 years of residence in Canada after reaching age 18 is required to receive a pension in Canada.
Amount of benefits: The amount of a person’s pension is determined by how long he or she has lived in Canada, according to the following rules:
A person who has lived in Canada, after reaching age 18, for periods that total at least 40 years, may qualify for a full Old Age Security pension;
A person who has not lived in Canada for 40 years after age 18 may still qualify for a full pension if, on July 1, 1977, he or she was 25 years of age or over, and
lived in Canada on July 1, 1977; or
had lived in Canada before July 1, 1977, after reaching age 18; or
possessed a valid immigration visa on July 1, 1977
CPP:
You qualify by working in Canada
Generally, all workers in Canada over the age of 18 pay into the CPP (or the QPP) and qualify for benefits.
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How much income to expect
In general, your retirement pension replaces about 25 percent of the earnings on which you paid into the CPP. The exact amount depends on how much and for how long you contribute. The age at which you decide to take your pension also affects the amount you receive each month.
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In 2005, the maximum CPP retirement pension is $828.75 per month if taken at the age of 65.
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