Page 120 - A Canuck's Guide to Financial Literacy 2020
P. 120
120
CPP Survivor's Pension
The survivor of the deceased contributor who meets the qualifications may be eligible for a
survivor's pension.
The value and timing of the payments depend on
• whether you are younger or older than age 65
• how much, and for how long, the deceased contributor has paid into the CPP
The CPP first calculates what the retirement pension would have been of the deceased had
the individual been age 65 at time of death. A further revision is then made based on the
survivor's age at time of death.
Canada Pension Plan's Survivor Benefits
How to Apply?
Make sure you apply as soon as possible after the contributor's death. Delaying the
application may cause you to lose benefits as the CPP can only make back payments for up
to 12 months.
To apply, make sure you complete the form titled Application for CPP Survivor's Pension
and Children’s Benefits and mail it to the address indicated.
A survivor's pension is not terminated upon remarriage or entering into a new common-law
relationship. If a person is entitled to receive more than one survivor's pension, the larger
amount will be paid.
