Today we are going to start with a new series of videos where we will answer your questions about life in Canada, and one question we receive every day is: how much is the pension of a retiree in Canada?
My father, Daniel, retired a year ago, so in this first episode, he will tell you what the retirement system is like here and also what are the benefits that correspond to the elderly.
The pension system in Canada is divided into different parts: 1) Canada Pension Plan, 2) Security for the Elderly, 3) Guaranteed Income Supplement, and 4) Registered Retirement Savings Plan.
Apart from that, there are also private pensions depending on which category one has worked.
In this video, we will explain each part of the pension in detail and also tell you the amounts that one can expect to receive for each part of retirement.
If you have any questions about the pension system in Canada, you already know that you can leave a comment here on KZitem and we will respond. And they can also leave questions they want us to answer in future episodes.
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How much is the RETIREMENT PENSION IN CANADA? | All Information and Benefits for Retirees 🇨🇦
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