Retirement Planning
Changes to the Canada Pension Plan for 2012
- Learn more about the changes to the Canada Pension Plan
- View the Changes to the Canada Pension Plan video
Retirement Planning Checklist
It is important to understand the retirement income system and plan for your retirement. Check out the tools that will help you kick-start your plan!
Canada's retirement income system
To help you better plan for your retirement, it is important to understand the retirement income system. Learn more about Canada's retirement income system.
Estimate your retirement income
My Service Canada Account
View your retirement contributions and benefits or update your personal information online.
Canadian Retirement Income Calculator
Plan ahead. Use the information in your My Service Canada Account to estimate your retirement income needs for the future.
Apply for government programs
Canada Pension Plan (CPP) retirement pension
The CPP retirement pension is a monthly benefit for CPP contributors age 60 and over.
Old Age Security (OAS) pension
The OAS pension is a monthly benefit for people age 65 and over.
Guaranteed Income Supplement (GIS)
The GIS is a tax-free benefit for low-income Canadians age 65 and over who receive the OAS pension.
Allowance
The Allowance is a tax-free benefit for individuals aged 60 to 64 with low income. To qualify, you must be the spouse or common-law partner (current or surviving) of a GIS recipient.
International benefits
You may be eligible for benefits if you lived or worked in another country.
Track your estimated retirement benefits
Use your My Service Canada Account and the Canadian Retirement Income Calculator on a regular basis to keep track of your retirement contributions and benefits.
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