While these two objectives are important, this article will focus only on how agreements fill gaps in coverage. Hello Peter, you cannot use the UK pension credit for the CPC. You can take both pensions, no problem, but the Canada-UK agreement does not recognize UK contributions to CPP or OAS Hi Abraham – Is it considered taxable income? If so, it would probably have an impact on your GIS, whether or not there is a social security contract. This would only affect your OAS if your net taxable income was above the clawback threshold (approximately $74,000 per year). Hello Veronica – Your husband is definitely entitled to a CPP pension, and he can also claim the OAS under the Canada-U.S. agreement. In any event, they are eligible for both the CPCs and the OAS. I think you need 10 years (40 quarters) to qualify for the U.S. Social Security type, but then again, you might be eligible under the Canada-U.S. agreement if you have less than 10 full years.
Brent – Yes, I am almost certain that, under the Canada-U.S. agreement, you will be entitled to U.S. Social Security. Ken – My expertise does not contain an in-depth knowledge of each of the agreements, but I believe that the Canada/U.S. agreement only allows periods of contribution to the United States (not just the United States) to count as periods of stay in Canada for OAS purposes. Here`s a link with more details: www.esdc.gc.ca/en/cpp/international/unitedstates.page. Hello Pauline, in the decency of your age, you enter into the new legislation. As such, you are not entitled to a spousal pension from your husbands. However, since you have worked in the UK, you may have contributed to Social Security during your employment.
If so, this is in line with the right to a pension of its own. You will need at least 10 years of qualification that you do not have at the moment, but you have the ability to make voluntary contributions and redeem a few years. This gives you at least 10 years to qualify for a partial pension. You should think about it soon, as the possibility of voluntary contributions diminishes as retirement age approaches. If you come to us, we can tell you how you can find your pension status and how to make voluntary contributions Hi Joe – The agreement allows you to meet the 20-year requirement for OAS payment outside of Canada, but the amount of your OAS is based solely on residence in Canada, so it is 15/40ths out of $600-$225 per month. Hello Paul – There are no minimum contribution requirements for CPP pensions, so you are definitely entitled to the CPC at age 65 (or even at age 60 at a reduced rate). To be eligible for the OAS outside of Canada, you will need a minimum of 20 years in Canada after the age of 18. It seems that you are short, but you can qualify under the Canada-U.S.
Social Security Agreement. Hello Fiona – I think/I hope you want my CPP pension and not the CPP disability? If that is what you mean, it should meet “yes” to the requirements of the OAS and CPC partial pension. A 92-year-old Scottish pensioner living in Halifax says it is “shameful” that public pensions in the UK do not receive annual pensions in Canada and many other countries.