As a Canadian Citizen, you are entitled to receive many benefits and Canada Pension Plan is one of those benefits that provide contributors and their families with partial replacement of earnings in the case of retirement, disability or death. Almost all individuals who work in Canada outside Quebec contribute to the CPP.
The Canada Pension Plan operates throughout Canada except in Quebec where the Quebec Pension Plan (QPP) provides similar benefits. The CPP and QPP work together to ensure that all contributors are protected, no matter where they live.
If you have contributed in Canada’s any province then you must apply for CPP if you live elsewhere in Canada and QPP if you live in Quebec. The benefit will be paid according to the place of residence. If you have lived or are living outside Canada, you may qualify for a pension from that country as well.
The benefits are as follows:
You can apply for and receive a full CPP retirement pension at age 65. You can also receive it as early as age 60 with a permanent reduction, or as late as age 70 with a permanent increase.
If you continue to work while receiving your CPP retirement pension, and are under age 70 you can continue to contribute to the CPP.
If you are under age 65 and become severely disabled to the extent that you cannot work at any job on a regular basis, you may receive a monthly benefit
After your death, a pension may be paid to your surviving spouse or common-law partner.
If you die and are a CPP contributor, the Death benefit provides a one-time payment (or on behalf of) your estate.
If you die or become severely disabled and made sufficient CPP contributions, the CPP Children’s benefits provides monthly payments to your dependent children.
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