Q&A: Pensioners leaving Canada
Question: How long can a person 65+ be out of the country before it affects their pension? Can the Canadian government cut off a pension? How long does one have to re-enter the country in order not to lose their Canadian old age pension? – D.C.
Gordon Pape answers: You don’t make it clear whether you are
referring to Canada Pension Plan or Old Age Security. In the case of the CPP,
once you have qualified for a retirement benefit you never lose it, no matter
where you live in the world. In fact, CPP will even arrange for direct deposit
of your monthly payments to a foreign bank. You’ll find the details for arranging
this at http://www.hrsdc.gc.ca/en/isp/pub/factsheets/retire.shtml