Canada Pension Plan (CPP) & Old Age Security (OAS)

by Bev Moir on August 9, 2007

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Here are links to the Canada Old Age Security OAS program and the Canada Pension Plan CPP:

OAS (you can print the 10 page application from here)
CPP

If you start your pension at 60, your monthly payment is 30 percent lower than if you wait until you’re 65. However, by starting it sooner, you will likely receive it for a longer time. If you start your pension at 70, your monthly payment is 30 percent higher than if you had taken it at 65. There is no financial benefit in delaying your pension beyond age 70.

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