Canada Pension Plan
Almost all individuals who work in Canada contribute to the Canada Pension Plan (CPP). The CPP provides pensions and benefits when contributors retire, become disabled, or die.
You can apply for and receive a full CPP retirement pension at age 65 or receive it as early as age 60 with a reduction, or as late as age 70 with an increase.
If you continue to work while receiving your CPP retirement pension, your CPP contributions will go toward post-retirement benefits, which will increase your retirement income.
If you become severely disabled to the extent that you cannot work at any job on a regular basis, you and your children may receive a monthly benefit.
When you die, CPP survivor benefits may be paid to your estate, surviving spouse or common-law partner and children.
Married or common-law couples in an ongoing relationship may voluntarily share their CPP retirement pensions.
Credit splitting for divorced or separated couples
The CPP contributions you and your spouse or common-law partner made during the time you lived together can be equally divided after a divorce or separation.
Note: If you live in Quebec
If you live in Quebec, please visit the Régie des rentes du Québec website for information on pensions and benefits under the Québec Pension Plan.
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