Frequently Asked Questions
Answers to the most common questions Canadians have about pensions, eligibility, and retirement planning.
Common Questions
When can I start receiving CPP?
Most Canadians can begin collecting Canada Pension Plan benefits as early as age 60, with full benefits available at age 65. Delaying increases your monthly amount.
Is OAS automatic or do I need to apply?
Some Canadians are enrolled automatically, but most must apply for Old Age Security. Pension Arena can guide you through each step.
Do I need to pay taxes on pension income?
CPP and OAS are taxable. Supplements like GIS are generally non-taxable. We help you understand your tax obligations and filing requirements.
Can I receive more than one pension benefit?
Yes. Many Canadians are eligible for CPP, OAS, and GIS, depending on age, residency, income, and contribution history.
Still have questions? Contact Pension Arena for personalized support.