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 Old Age Security Return of Income OASRI 2023-2025

Canada Old Age Return Income 2023-2025 Form

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thinking of retiring in another country I don't blame you there are tons of very attractive reasons to do exactly that but what happens to your public pension plans if you do it in Canada we have two primary public pension plans Canada pension plan or qpp Quebec pension plan if you live in Quebec and old age security OAS which also includes guaranteed income supplement or GIS now I've done a serious Deep dive video on these plans so I'm not going to get into the weeds with them here but I will say this they are to fundamentally different animals and so they're treated differently an easy way to think about these is that CPP is actually a pension while OAS is simply a social program assuming you've worked you and your employer or just you if you are your own employer have been putting money into CPP for years and years and years and so there's actually quite a bit of money there and you are entitled to your sliver of it it's yours

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