Other Income Supports:
Federal Public Pensions
Canada Pension Plan (CPP) and Old Age Security (OAS) are the 2 federal public pension programs in Canada providing a source of income to seniors. To be eligible for CPP, applicants must be at least 60 years old and have contributed to the program while they were working. However, to be eligible for OAS, applicants must be atleast 65 years old and meet residency requirements. The OAS benefits are generated from income tax revenue.
Employment Insurance
Employment Insurance (EI) is a federal program that provides temporary financial support to those who are unable to work due to specific life events, upgrading skills or seeking employment. It is a program that applicants must have contributed into while they were working. There are multiple types of EI benefits and they each have their own eligibility requirements. Click on the link below to learn about the different types of EI benefits.
More Information:
For detailed information on the programs, please click the links below.
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