Gloriajean

Hello I’m wondering if I will get paid OAP from Canada if I move back to U.K. I’m 66 I’m getting it in Canada will I still revive it in U.K. Thank You

christmasoompa

Yes, you can receive it in the UK, and vice versa (you'd get your UK pension paid in Canada too). See the link Siouxie gave you in post no. 4 of your previous thread - Canada Pension

HTH.

PMM

HI

1. The OP should note that you require 20 years in Canada after the age of 18 to receive you OAP overseas.

Rete

WOW In the US it is only ten years for social security benefits. Husband gets SS from the US in addition to his old age pension from Canada. Unfortunately, the SS benefit is lessen by the Windfall Act in the US.

Mordko

Some confusion here. Canada offers:

1. CPP (Canada Pension Plan). You earned it. You get it regardless of where you reside. Unlike the British version, recipients are not discriminated by their place of residence and full indexation is applied.

2. OAS (Old Age Security). This is a benefit rather than a pension; supposedly to supplement low income. In practice even people with reasonable income get some OAS, although it tapers off after $80k per person. OAS will be cut off after 6 months if you spent less than 20 years in Canada. In any case OAS might become a target for future governments.

BristolUK

I'd change that a bit. As you say, even people with (I'd say quite a high) reasonable income can get some.
The reason I'd change it is that the first requirement is that one has lived in Canada and the longer one has, the higher the level is likely to be. While living in Canada one will have contributed all the various taxes throughout that time as well as other ways, rather like the UK has NI credits for Home Responsibilities - bringing up kids.

The 'benefit' part of a pension would be Guaranteed Income Supplement (GIS) - wholly dependent upon income levels.

Mordko

Its a benefit. Its a social security payment which is not linked to how much you put into the system but is linked to your level of income. Lots of benefits are linked to residency requirements. There is no requirement for you to pay $1 in taxes or spend 1 day in employment to get OAS and the amount you get isn’t in any way related to anything you put into the system. Its not the only benefit.

“

Old Age Security

Old Age Security (OAS) is a benefit paid monthly to most Canadians aged 65 or older. The OAS Program is administered by the federal Department of Employment and Social Development Canada through Service Canada.

Who can receive Old Age Security ?

Eligibility for OAS benefits depends on the following three factors, and is different depending on whether you live in or outside Canada:”

https://www.legalline.ca/legal-answe...upplement-gis/

BristolUK

It's not related to anything you put into the system or anything else but you do pay into the system.. And if you haven't lived in Canada 10 years or more you won't get it regardless of income. That's why I said the first requirement was the residency aspect.

You're not required to pay into the system but you can't go through life without paying a tax of some some sort. Own your home, property tax. Buy chocolate, lemonade, toiletries etc you pay tax. Even rent is going to pay a landlord's property tax (indirectly). All kinds of bills you pay tax.

But I did say I would change it a bit.

Siouxie

and also: https://www.canada.ca/en/revenue-age...t-seniors.html

not2old

anyone here moved back to the UK getting OAS with or without the yearly increase?

Mordko

Absolutely. You just highlighted one of the requirements for this benefit, which had been mentioned above, eg see comment #5.

BristolUK

Not to nitpick but the way you edited the post makes it appear 20 years are needed for everyone.
Full quote from Siouxie's post
For people living in Canada

1. You must be 65 years of age or older.
2. You must live in Canada and be a Canadian citizen or a legal resident at the time your pension application is approved.
3. You must have lived in Canada for at least 10 years after turning 18.

I just wanted to put that there for anyone with between 10 and 20 years who might see the incomplete excerpt and wrongly believe they wouldn't qualify when they may..

glendem4

Arrived in Canada aged 55. If I defer OAS until 70 will I receive 15/40 OAS? To get 100% OAS you need to live in Canada for 40 years after the age of 18.
Will I qualify for 100% OAS if I make it to 95?

Mordko

My understanding is that:

1. Normally every month of delaying OAS after 65 gives you a 0.6% monthly increase.
2. Every full year in Canada after age 18 gives you 1/40.
3. If you are an immigrant than either 1 or 2 (whichever works best) will be applied but not both.
4. 70 is a cut-off point. You cannot delay until after 70.

So, if you take OAS at the age of 70 then you should get approximately 35% of OAS. You will not get 100% even if you live to 150.

I could be wrong on this.

Mordko

Also, a word of caution: do not rely on OAS. The government won’t touch CPP because you earned it but OAS is paid out of taxes and the chances that the rules will change within 5 years are very high. At some point a future government will try to balance the budget.