Page 131 - A Canuck's Guide to Financial Literacy 2020

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Allowance for the Survivor

The Allowance for the Survivor is a benefit for 60-64 year old low income seniors who are
living in Canada and whose spouse or common-law partner have died. The goal of the
benefit is to lessen the financial difficulty of living on a single income.

Qualifying for the Pension

An individual would qualify for the pension if they meet ALL the conditions below:

• Aged 60 to 64 (includes the month of your 65th birthday);
• Canadian citizen or a legal resident;
• Reside in Canada and have resided in Canada for at least 10 years since the age of
18

• Spouse or common-law partner has died and you have not remarried or entered into
a common-law relationship; and
• Annual income is less than the maximum annual threshold.

Amount of Pension

The amount of pension that you would receive depends on your previous year's income.

• The maximum monthly amount that you could receive is $1,388.92.

In order to receive the maximum, your income must below a certain threshold. To
determine, what your monthly amount might be - refer to Table 5

How to Apply

An individual can apply for the monthly benefit 6 to 11 months before their 60th birthday.