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Quick question

Quick question

Old May 19th 2008, 9:37 pm
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Default Quick question

Hi can anyone tell me what the basic state pension in Alberta is please.

Thanks
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Old May 19th 2008, 9:58 pm
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Default Re: Quick question

Originally Posted by redlobster View Post
Hi can anyone tell me what the basic state pension in Alberta is please.

Thanks
Old Age Security available at age 65 is a national program and the rates vary between $476.16 and $502.31 per month not sure how or why.

The province of Alberta does not have any sort of state type pensions.
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Old May 19th 2008, 10:44 pm
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Default Re: Quick question

Hi

Originally Posted by Steve_P View Post
Old Age Security available at age 65 is a national program and the rates vary between $476.16 and $502.31 per month not sure how or why.

The province of Alberta does not have any sort of state type pensions.
OAS is based on the number of years that you have lived in Canada since the age of 18 to a maximum of 40.

So if you emigrated at the age 40, you would be entitled 25/40 of the maximum $502.31 or $313.94 per month.
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Old May 20th 2008, 12:33 am
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Default Re: Quick question

Originally Posted by PMM View Post
Hi



OAS is based on the number of years that you have lived in Canada since the age of 18 to a maximum of 40.

So if you emigrated at the age 40, you would be entitled 25/40 of the maximum $502.31 or $313.94 per month.
Ah, but is it index linked if you retire to Australia?
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Old May 20th 2008, 1:10 am
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Default Re: Quick question

it is linked to the cost of living

http://www.hrsdc.gc.ca/en/isp/oas/tabrates/cpioas.shtml
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Old May 20th 2008, 2:09 am
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Default Re: Quick question

Originally Posted by montreal mike View Post
Thank you mike. That really sets my mind at rest.
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Old May 20th 2008, 4:18 am
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Default Re: Quick question

Originally Posted by Novocastrian View Post
Ah, but is it index linked if you retire to Australia?
It's a measly 500 bucks a month.

Who gives a rats p-toot if it's indexed or not if you retire to Aus.

Last edited by Steve_P; May 20th 2008 at 4:41 am.
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Old May 20th 2008, 1:27 pm
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Default Re: Quick question

Thanks Steve_P, thats a great help.

Anyone know how the campaign to unfreeze the UK pension is going ?
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Old May 20th 2008, 2:45 pm
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Default Re: Quick question

Originally Posted by Steve_P;
It's a measly 500 bucks a month.

Who gives a rats p-toot if it's indexed or not if you retire to Aus.
Rather the point I was trying to make, Steve
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Old May 20th 2008, 3:20 pm
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Default Re: Quick question

Originally Posted by Novocastrian View Post
Rather the point I was trying to make, Steve
I know, I was just stating the obvious.
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