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Because CPP is a member contributed plan it will always be yours, regardless of where you live in the world. If you paid in at least 1 CPP contribution, you are entitled to a benefit. OAS, on the other hand, comes out of the general tax revenues.
Overpayment of Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) If you were not living in Quebec before you left Canada, go to Line 44800 CPP overpayment. If you were living in Quebec, any overpayment of CPP or QPP contribution will be refunded or used to reduce your balance on your federal tax return.
Old-Age Security (OAS) Program To get OAS benefits, you must be age 65 or older and must have been a resident of Canada for at least 10 years after age 18 (or 20 years after age 18 to have benefits paid outside Canada).
Canadian Government Income Security Programs As a non-resident of Canada, you may be entitled to apply for Canada Pension Plan (CPP) payments and Old Age Security Pension (OAS) payments. Canada also has agreements with a number of other countries that offer comparable pension programs.
If you live or lived in another country that doesnt have a social security agreement with Canada, you must apply for your foreign benefits directly to that countrys social security authorities and apply for your Canadian pensions and benefits using the application forms and procedures found through the links from the
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Average and maximum CPP monthly payments Type of pension or benefitAverage monthly amount for new beneficiaries (2022)Yearly maximum amount (2023)Retirement pension, age 65$717.15$15,678.84Retirement pension, delayed to age 70$1,018.35$22,263.96
You can qualify to receive Old Age Security pension payments while living outside of Canada if one if these reasons applies to you: you lived in Canada for at least 20 years after turning 18. you lived and worked in a country that has a social security agreement with Canada.
The average monthly amount paid for a new retirement pension (at age 65) in October 2022 is $717.15. Your situation will determine how much youll receive up to the maximum. You can get an estimate of your monthly CPP retirement pension payments by signing in to your My Service Canada Account.

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