navinder

I would like some information.
My partner has a good job with health benefits. If he was to die i would be covered for the next two years but then get state pension. But i have not worked in Vancouver or was intending to.
Would i still qualify for state pension?
What if i have savings will i get a reduce rate. What age does state pension start for women?
Would having a pension from uk affect what i receive in Vancouver.

Thank you in advance for any advice

Almost Canadian

Here you go: Canada Pension Plan

JonboyE

Several things to untangle here.

State pension is in two parts; Canada Pension Plan and Old Age Security. The amount of CPP your husband will receive depends on his contributions. 40 years at maximum earnings will earn a pension of about $1,000 a month. You will need to pro-rate this according to the number of years you will be here before retirement. He can choose when to start receiving it between ages 60 and 70. The longer he waits the more he will get. As a surviving spouse you will receive 60% of his CPP.

OAS is based on residence. You need to have lived in Canada for at least 10 years between the ages of 18 and 65 to qualify for a quarter pension (the full pension is currently $518 a month). If you are applying from outside Canada you need to have lived here 20 years. OAS is individual. You both qualify. There is no survivor benefit.

OAS is means tested to an extent. If you don't have other income you may qualify for Guaranteed Income Supplement which is a tax-free top-up to ensure you have a minimum income. If your income in retirement is over $70,000 the government will claw back some or all of your OAS. Between these extremes having savings will not affect the amount of CPP or OAS you are entitled to.

The current qualifying age for OAS is 65, but it is being moved up to 67 over the next few years.

Receiving a UK state pension will not affect your entitlement to Canadian state pensions except, possibly, if you make voluntary NI contributions while you are living in Canada.

Health benefits are a different matter. For NHS style doctor/specialist/hospital cover you must continue to pay into the Medical Services Plan. Then you can receive treatment free at the point of usage. If your OP's employer is paying the premium now, and will continue to do so for two years after his death, then you will need to start paying at that time. The premiums are reduced, and can be eliminated, if you have a low income.

Other medical costs are private. These include prescription drugs, dentistry, optical, physio etc. If your OP's employer is paying insurance premiums for these you will have to decide what to do when the cover ends. either pay as you go or take private insurance cover.

Granma Nessie

Does that mean that I will be able to get a quarter of the OAS pension when I reach 72 , having come to Canada when I was 62 under the family sponsorship route?


Thanks
Granma Nessie

not2old

Partial pension

If you do not qualify for the full Old Age Security (OAS) pension, and do not want to wait until you do, you may qualify for a partial OAS pension.

A partial OAS pension is calculated at the rate of 1/40th of the full OAS pension for each complete year of residence in Canada after age 18.

The minimum period of residence in Canada you need to qualify for a partial OAS pension is 10 years after your 18th birthday (as long as you reside in Canada when you receive your OAS pension). For example, if you resided in Canada for 10 years after your 18th birthday, you may qualify to receive 10/40ths or one-quarter of the full OAS pension.

http://www.servicecanada.gc.ca/eng/s...ts/index.shtml

http://www.servicecanada.gc.ca/eng/s...on/index.shtml

not2old

http://www.servicecanada.gc.ca/eng/s...-pension.shtml

http://www.servicecanada.gc.ca/eng/s...-benefit.shtml

http://www.servicecanada.gc.ca/eng/s...on/index.shtml

navinder

Thank you for the information.

Can i just clarify : if i live in canada for lss the 10 years , i get nothing.

Also if you have savings over $700000 you get no OAS or very little

Since i have not worked in canada i still can a pension because my partner was working

sorry , it is a bit confusing

Again thank you for your help

navinder

Hi

Can i do the sponsorship route for my mum who is 72 to canada.
How would i do this

thanks

not2old

since you are only in your 20's you have a long way to go to get old age pension.

Less than 10 years residency no pension, even if you leave by the time you are say 30 and never come back to Canada you will not get old age pension when you are of qualifying age.

Should you live in Canada (under the current rules) for 10 years then leave, then at pension age you will get 10/40ths

OAS or old age pension is based on residency only

The CPP survivor benefit is based on CPP contributions (read that thread above) and age

not2old

this is suppose to be a pension thread ...

google is your friend

http://www.cic.gc.ca/english/immigra.../relatives.asp

http://www.cic.gc.ca/english/immigra...-apply-who.asp

not2old

https://srv111.services.gc.ca/OAS_FAQ.aspx#Q7

If your individual net income is above $70,954 for 2013, your monthly Old Age Security (OAS) pension payment amount will be reduced, beginning in July 2014, to recover the repayment amount owed. If your income is $114,793 or above, your entire OAS pension will be recovered.


http://www.retirementadvisor.ca/reta...k/clawback.jsp

navinder

i wish i was in my 20 . i am actually in my late 40's and thinking of my future

not2old

I was kidding & wanted you to feel young

from the links that I provided ....

OAS minimum 10 years residency

CPP survivor benefit depends on how much Oh has paid in & age of survivor & any children

CPP death benefit seen in the links is based on CPP contributions

UK state pension: either yourself or your OH has been paying in the past should consider continue paying voluntary contributions

https://www.gov.uk/voluntary-nationa...-contributions

http://www.hmrc.gov.uk/ni/volcontr/abroad.htm

then in case of death of the spouse

http://www.pensionsadvisoryservice.o...death-benefits

navinder

THANKS

i AM THINKING OF GOING BACK TO UK .I AM CONCERNED WITH THE PRICES OF PROPERTY AND HOW LOW WILL THEIR GO.TOO MANY PROPERTIES ON THE MARKET WHICH ARE NOT SELLING .
ALSO FEW OTHER ISSUES

ALSO I CANNOT UNDERSTAND , THERE IS SO MUCH NEW DEVELOPEMNT BUT NOT ENOUGH BUYERS OR ARE THEIR EXPECTING INFLUX OF PEOPLE

WHAT D YOU THINK[

not2old

I don't know how long you've been in Canada, but generally a 2 year stay minimum is suggested to come to grips with settlement.

The 'I am' part of your post, is this you alone or both of you, or are you on about just a trip back to see if you could resettle?

There is never an easy answer - each person has their own reasons of 'shall we stay or shall we go'

If you believe (right here, right now) Canada is not right for you, then the decision is easy - make the move back to the place you came from.

All the best with your decision & plans

Trust you found the answers you were looking for to your first post in this thread?