If you have questions about Old Age Security Canada, you ll find reliable and trustworthy answers from the pension rights professionals at DetectaPension. -When I authorize DetectaPension to apply for the OAS benefit, how do I know how much I will receive monthly? By completing the Application Form OLD AGE SECURITY , and forwarding it to us, we will contact you by telephone to obtain additional information from your last income tax report filed. A preliminary assessment is completed and we will quickly inform you of the approximate monthly pension. If you request DetectaPension to proceed we will send you a form to obtain your written authorization to apply to the Federal Government on your behalf. Any new or additional benefits are directed to the pensioner. We submit our invoice to you following confirmation of new or additional benefits identified. -I am a widow, 61 years old and I receive the Allowance for the survivor. What will happen to my monthly benefits if I become employed and have some other income? For the first $600.00 of monthly gross income, your benefits will be reduced by $450.00. For the income you earn above $600.00 monthly - for every $100.00 of salary your monthly Allowance benefits will be reduced by $50.00. Income tax becomes payable and your net income may increase by as little as $4.00 for every $100.00 of monthly salary. -My wife and I both receive Old Age Security. In addition I receive CPP of $300 monthly and $700 monthly from a RIF. How can I increase my OAS benefits? Your monthly RIF reduces the OAS benefits by $175 each ($350). The RIF is taxable so deduct another $200 monthly. Your net gain is about $150 monthly. Suggest you review your portfolio with a reliable Certified Financial Planner. -I presently live in the USA. My late husband worked for a company in Canada prior to our marriage. I would like to know if I am entitled to receive a pension from this company. Simply complete the form PRIVATE COMPANY PENSION PLAN SEARCH and forward to us. We will contact the employer and determine if there is a pension payable to you and inform you accordingly. -I am a recent widow. I have lived in Canada all of my life as a house wife and did not work outside of our home. Do I qualify to receive an Allowance for the survivor? If you are at least 60 years of age you may be entitled to receive the Allowance of up to $1,020.91 monthly if you have little other income. -My ex-husband was employed by a Canadian company for 25 of the 30 years of our marriage. We are now divorced and are both retired. Can I receive a pension from this company? First, complete the form PRIVATE COMPANY PENSION PLAN SEARCH . We will contact the employer on your behalf and advise you of our findings. You may then wish to obtain legal advice to determine the amount of monthly pension you may be entitled to receive. -I am 66 years old. I previously worked in Europe. I retired and immigrated to Canada around 1990. Can I receive the Old Age Security from Canada? As a 66 year old living in Canada as a legal resident for at least 10 years you qualify to receive the basic Old Age Security pension. The monthly amount you will receive will also depend on the number of years you lived in Canada. If the countries that you have worked in have International Social Security agreements with Canada, that can have an effect on the amount of Old Age Security you will receive. You will also be entitled to receive the monthly amount retroactively for up to 11 months. -I spend several months each year in Europe, can I receive my Old Age Security benefits outside Canada? Usually, you can receive your OAS payment outside the country for as long as you want if: you lived in Canada for at least 20 years after reaching age 18; or you lived or worked in a country that has a social security agreement with Canada and are considered as meeting the 20-year residence requirement. This is payable even when one is away for up to 6 consecutive months. However, the Guaranteed Income Supplement and the Allowance may be paid outside Canada for only six months following the month of departure from Canada regardless of the length of time you have lived in Canada. The benefit may be reinstated if you return to live in Canada and meet all conditions of eligibility. Whether you live in Canada or are abroad, the GIS benefit is paid in Canadian dollars. -What is the Guaranteed Income Supplement? The Guaranteed Income Supplement provides additional money, on top of the Old Age Security pension to low-modest income seniors living in Canada. To be eligible for the GIS benefit, you must be receiving the Old Age Security pension and meet the income requirements. -What is the Allowance? The Allowance provides money for low/modest-income seniors who meet the following conditions: (a) your spouse or common-law partner (same sex or opposite sex) receives or is entitled to receive the Old Age Security pension and the Guaranteed Income Supplement; (b) you are 60 to 64 years old; (c) you are a Canadian citizen or a legal resident at the time your Allowance is approved or when you last lived here; and (d) you have lived in Canada since age 18 for at least 10 years. -What is the Allowance for the survivor? The Allowance for the survivor provides money for a low/modest-income senior: (a) who is 60 to 64 years old; (b)who is a Canadian citizen or a legal resident at the time the Allowance is approved or when last living here; (c) your spouse or common-law partner has died; and (d) you have lived in Canada after reaching age 18 for at least 10 years. -Which Old Age Security (OAS) benefits are taxable? The Basic OAS is taxable. The GIS and the Allowance are not taxable income. All, nevertheless must be reported on your income tax form. -What about same-sex common-law partners? Recent legislation now provide same-sex common-law partners with the same benefits and obligations as opposite-sex common-law partners. -How much is DetectaPension going to charge me for their services? In addition to the administrative charge of $50.00, the following fees are applicable only if we successfully uncover new and/or additional benefits. These fees are payable as follows: a) New/additional benefits that may be retroactive for up to one year - 25% of the new/additional OAS monthly amount applicable for a maximum period of 12 months or 15% of any lump sum payments - whichever is greater. The fee will be payable within 60 days of receiving confirmation of the revised monthly amount. b) Newly uncovered company pension - 25% of the monthly pension applicable for a maximum period of 12 months or 15% of any lump sum payments - whichever is greater. The fee will be payable within 60 days of receiving confirmation of the new or revised pension amount. DetectaPension does NOT offer financial planning services. We do only one thing and that s helping seniors to protect their pension rights and get all the retirement benefits they re entitled to, including Old Age Security Canada. Return from this "Old Age Security Canada" FAQ page to the home page.
Detectapension is Pierrefonds-based company (Quebec, Canada) with a phone number 8668464957. Our data show that the company is located at the address: 14103 Anselme Lavigne Ste 309. The company has a web site: www.detectapension.com.
Unfortunately сompany staff has not yet provided of company's activities, mission and detailed description.