Job Recruitment Website - Immigration policy - How to calculate the living pension after immigrating to Canada?
How to calculate the living pension after immigrating to Canada?
How to calculate part of the pension?
The calculation method of partial pension depends on how many years the applicant has lived in Canada after 18 years old. On the premise of living to the age of 10, he can receive 1/40 of the total amount for each additional year. For example, if you live in Canada for 33 years after 18, your monthly pension is 33/40 of your full pension. If the applicant has lived in Canada for 20 years after reaching the age of 18, no matter how long he has left Canada, he can continue to receive a pension outside Canada.
If the applicant does not meet the requirements, he can only receive the pension for this month and the next six months after leaving Canada, and then he will stop paying it. When the applicant returns to Canada in the future, he will pay the pension again from the month he returns to Canada.
The length of stay required for pension payment does not mean that you cannot leave Canada for one day within ten years. As long as you leave Canada for less than half a year, it will not affect your pension application.
In addition, it should be noted that pensions are not eligible and will be paid automatically. It is necessary to apply. The calculation of residence period is based on the application date, that is, the calculation standard is the residence period in Canada after the applicant 18 years old and before submitting the application form. Once approved, the amount of pension will not increase with the increase of residence years. However, applicants can stay a few more years before applying.
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