Canada will permanently increase the pension 10%. What other pension benefits are there in Canada?

Canada announced that it will gradually increase the old-age security deposit (OAS). The federal government of the United States said that this move is undoubtedly the first permanent increase in pensions in the past 50 years.

OAS has lived in Canada for 10 years. Citizens and legitimate families who have reached the age of 65 in China and Canada can enjoy a certain amount of old-age insurance regardless of their property or income. This plan has nothing to do with work, so there is no need to contribute. However, because the qualification depends on the working years, new immigrants simply cannot have a full quota.

OAS pension payment has nothing to do with whether the recipient has a job or not, but the amount that everyone can enjoy is the number of years of living in Canada after 18. /kloc-those who have settled in Canada for more than 40 years after 0/8 years of age can get full old-age insurance; If it is less than 40 years, after 18, you can get 1/40 of the total amount for each year you live in Canada. In 20 13 years, the total endowment insurance is 546 USD/month.

Every year, government departments adjust the subsidies for old-age services according to the consumer price index (CPI) to reflect the increase in living expenses. Available OAS credit line is related to annual salary. When the annual salary exceeds $70,954, the OAS credit line will also be reduced.

In addition, if you are over 18 and have lived in Canada for 20 years, you can still get OAS even if you live overseas. Calculate your age and you will know how much OAS you can get.

The other half of the subsidy (SPA) Canadian government departments will not forget the other half of low-and middle-income people. Similarly, they can also have subsidies. This subsidy stipulates that the spouse is 60-64 years old, is a citizen of China or Canada or a legitimate family, and has lived in Canada for at least 65,438+00 years after reaching the age of 65,438+08. If you meet the following conditions, you can get it, with the purpose of subsidizing these couples who only live on an old-age pension:

1, aged between 60 and 65, and the other half is guaranteed to grow old.

2, the annual income shall not exceed the prescribed amount.

3. 18 years old and settled in Canada for at least 10 years.

You must re-register according to this year. This subsidy can continue to be paid until the second marriage or the age of 65, or even the other half dies, and this subsidy can still be paid to you again.