Along with your Alberta Refrigeration Industry Pension, most individuals who have worked in Canada will be eligible to receive government-sponsored pension benefits. The below information is for informational purposes only. If you have any questions regarding Canada Pension Plan(CPP) or Old Age Security (OAS), please contact Service Canada at the following telephone numbers:
- Toll-Free: 1-800-277-9914
- TTY: 1-800-255-4786
- Website: https://www.canada.ca/en/services/benefits/publicpensions.html
View CPP Information
Canada Pension Plan (CPP)
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.
Retirement Pension
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.
Post-retirement Benefit
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.
Disability Benefits
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.
Survivor Benefits
When you die, CPP survivor benefits may be paid to your estate, surviving spouse or common-law partner and children.
Pension Sharing
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.
View OAS Information
Old Age Security (OAS)
The Old Age Security program is the Government of Canada’s largest pension program. It is funded out of the general revenues of the Government of Canada, which means that you do not pay into it directly.
The Old Age Security (OAS) pension is a monthly payment available to most Canadians 65 years of age who meet the Canadian legal status and residence requirements. You must apply to receive it.
In addition to the Old Age Security pension, there are three types of Old Age Security benefits:
Guaranteed Income Supplement
If you live in Canada and you have a low income, this monthly non-taxable benefit can be added to your OAS pension.
Allowance
If you are 60 to 64 years of age and your spouse or common-law partner is receiving the Old Age Security pension and is eligible for the Guaranteed Income Supplement, you might be eligible to receive this benefit.
Allowance for the Survivor
If you are 60 to 64 years old and widowed, you might be eligible to receive this benefit.