Who is eligible for the Canadian Old Age Pension?


Quick Answer

To be eligible for the Canadian Old Age Security Pension as of 2015, applicants must be at least 65 years old; were 10-year Canadian residents after becoming 18, and be Canadian citizens or legal residents when their applications are approved, according to Service Canada. Non-residents and non-citizens are also eligible.

Continue Reading

Full Answer

Non-residents 65 and older qualify if they were legal residents or citizens of Canada the day before leaving Canada, and resided in Canada for 20 years after becoming 18, states Service Canada. Applicants can be eligible for old age security pensions from other countries, or Canada or both. Such applicants must have resided in a country that has a social security agreement with Canada, or they made contributions to the social security system of a country that has an agreement with Canada. Past or current employment status does not affect whether an applicant receives the Canadian old age security pension.

Learn more about Financial Planning

Related Questions