This program was designed to guarantee a minimum income for retired seniors, whether they had worked or not. The pension allocated from Old Age Security<\/strong><\/a> (OAS) is not determined by employment history or income. Even if you have never worked, you can still receive an Old Age Security pension. Regardless of your marital status, you are eligible for the monthly amount of $707.68.<\/p>\n * Note that this amount is taxable, and no pension is paid when net income exceeds $142,609.<\/p>\n Guaranteed Income Supplement<\/strong><\/p>\n To be eligible for the Guaranteed Income Supplement<\/a> (GIS), you must meet the following 3 criteria:<\/p>\n * Note that this amount is not taxable, and no pension is paid if the maximum annual income exceeds the amounts indicated.<\/p>\n If you are single, divorced or widowed, you could receive a monthly amount of $1,057.01.<\/p>\n By combining the amount of the Old Age Security pension ($707.68) and the Guaranteed Income Supplement for a single, divorced or widowed person ($1,057.01), you reach an amount of $1,764.69. This is the amount you will receive from the federal government if you have one of the abovementioned statuses.<\/p>\n Involuntary separation<\/strong><\/p>\n If you and your spouse were separated for reasons beyond your control, Revenue Canada has the \u201cInvoluntary Separation\u201d measure. This will ensure that you and your spouse are considered as single for these purposes.<\/p>\n The Guaranteed Income Supplement is then calculated based on your income, instead of a couple\u2019s income. To be eligible, you must have stopped living with your spouse solely for medical or economic reasons (if, for example, your spouse is living in a CHSLD).<\/p>\n Please inform Service Canada of your situation, as it will affect the amount of your benefits. To take advantage of this measure, you will have to complete the \u201cStatement \u2013 Spouses living apart for reasons beyond their control\u201d<\/a>.<\/p>\n <\/p>\n Allowance for the Survivor<\/strong><\/p>\n The Allowance for the Survivor is available to people living in Canada who have low income and whose spouse or common-law partner has died.<\/p>\n You are eligible for the Allowance for the Survivor<\/a> if you meet all the following requirements:<\/p>\n The maximum amount you could receive is $1 581.51.<\/p>\n The following is a summary of monthly payments and maximum annual income from October to December 2023 for Old Age Security pension and benefits:<\/strong><\/p>\n The Qu\u00e9bec Pension Plan Retirement Pension<\/strong><\/p>\n The\u00a0Qu\u00e9bec Pension Plan<\/strong><\/a>\u00a0(QPP) is a public insurance plan. Contributions to the plan are\u00a0mandatory\u00a0<\/strong>for all workers aged 18 and over for whom annual income exceeds $3,500.<\/p>\n The amount of pension you receive is based on your working income since 1966. It is part of the basic income that a 60-year-old retiree can receive if he or she has contributed<\/strong> to the plan. Note that you can receive your pension as early as age 60. However, the amount received will be less than if you receive your pension at age 65.<\/p>\n At age 60, the maximum pension is $802.33<\/p>\n At age 65, the maximum pension is $1,253.58.<\/p>\n * Note that this pension is taxable, and no amount is paid if you never contributed to the Qu\u00e9bec pension plan.<\/p>\n The maximum pensionable earnings in 2013 is $66,600.<\/p>\n The amount of pension received depends on 3 criteria:<\/strong><\/p>\n These two tables summarize the basic data and maximum pension amounts paid:<\/strong><\/p>\n <\/p>\n Table taken from Retraite Qu\u00e9bec:\u00a0The Qu\u00e9bec Pension Plan at a glance<\/strong><\/a><\/p>\n
\nTo be eligible for Old Age Security, you must:<\/p>\n\n
\n
\n
![\"\"](\"https:\/\/blog.residences-quebec.ca\/wp-content\/uploads\/2023\/10\/english-3.png\")
<\/p>\n\n
![\"\"](\"https:\/\/residences-quebec.ca\/blog\/wp-content\/uploads\/2023\/10\/english-1-600x470.png\")
<\/p>\n![\"\"](\"https:\/\/residences-quebec.ca\/blog\/wp-content\/uploads\/2023\/10\/english-2-600x310.png\")
<\/p>\n