Table 1 9 Canada Pension Plan Survivor Benefits (2015) – If the survivor is: Then the benefit is: Maximum Survivor Pension Amount Age 65 or over 60% of the deceased's retirement $639.00 pension (subject to adjustment based on other CPP benefits received*) Age 45 to 64 A flat amount, $581.13 Plus 37.5% of the deceased's retirement pension (subject to adjustment based on other CPP benefits received*) Under age 45 and A flat amount, $581.13 either disabled or Plus 37.5% of the deceased's retirement raising a dependent pension (subject to adjustment based on child other CPP benefits received*) Under age 45 - not As above minus – disabled and not 1/120 for each month the survivor's age raising a dependent is below age 45 at the time of the child contributor's death Under age 35 and not No payments until the surviving spouse disabled and not reaches age 65 or becomes disabled raising a dependent child 1 - 8 CPP DISABILITY BENEFITS Working elders between the ages of 55 and 65 are three times more likely to be disabled than workers 54 years of age and under. Canada Pension Plan disability benefits are therefore of particular interest to this group. The Canada Pension Plan pays a monthly benefit to people who have contributed to the Plan and who are disabled according to Canada Pension Plan definitions. A monthly benefit is also available to the dependent children of disabled pensioners. In order to qualify, an individual must: Have contributed to the Canada Pension Plan for a minimum number of years Be considered disabled according to Canada Pension Plan definitions Be under the age of 65, and Apply in writing A disabling condition can be either physical or mental. According to Canada Pension Plan
Table 1 – 9 Canada Pension Plan Survivor Benefits (2015) If the survivor is: Then the benefit is: Maximum Survivor Pension Amount Age 65 or over 60% of the deceased's retirement pension (subject to adjustment based on other CPP benefits received*) $639.00 Age 45 to 64 A flat amount, Plus 37.5% of the deceased's retirement pension (subject to adjustment based on other CPP benefits received*) $581.13 Under age 45 and either disabled or raising a dependent child A flat amount, Plus 37.5% of the deceased's retirement pension (subject to adjustment based on other CPP benefits received*) $581.13 Under age 45 - not disabled and not raising a dependent child As above – minus 1/120 for each month the survivor's age is below age 45 at the time of the contributor's death Under age 35 and not disabled and not raising a dependent child No payments until the surviving spouse reaches age 65 or becomes disabled 1 - 8 CPP DISABILITY BENEFITS Working elders between the ages of 55 and 65 are three times more likely to be disabled than workers 54 years of age and under. Canada Pension Plan disability benefits are therefore of particular interest to this group. The Canada Pension Plan pays a monthly benefit to people who have contributed to the Plan and who are disabled according to Canada Pension Plan definitions. A monthly benefit is also available to the dependent children of disabled pensioners. In order to qualify, an individual must: Have contributed to the Canada Pension Plan for a minimum number of years Be considered disabled according to Canada Pension Plan definitions Be under the age of 65, and Apply in writing A disabling condition can be either physical or mental. According to Canada Pension Plan
EPC%20Module%203.docx