Canada Pension Plan (CPP)
Canada Pension Plan (CPP) provides pensions for retirement and other benefits when contributors retire, become disabled, or die. You can apply for and receive a full CPP retirement pension at age 65 or receive it as early as age 60 with a reduction, or as late as age 70 with an increase.
Old Age Security (OAS)
The Old Age Security pension is available to most people 65 years of age and older who meet the Canadian legal status and residence requirements. Your employment history is not a factor in determining eligibility: you can receive the OAS pension even if you have never worked or are still working.
Canadian Retirement Income Calculator
Canadian Retirement Income Calculator is an online tool which will provide you with retirement income information, including the Old Age Security (OAS) pension and Canada Pension Plan (CPP) retirement benefits.
Canada Savings Bonds
Canada Savings Bonds are an easy and secure way to save for your short and long term financial goals. University staff and faculty can purchase savings bonds through payroll deduction during the annual fall campaign.
Registered Retirement Savings Plan (RRSP)
Registered Retirement Savings Plan (RRSP) is a Canadian government retirement savings plan to which you or your spouse/ common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax. Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the plan; you generally have to pay tax when you receive payments from the plan.
Registered Education Savings Plans (RESPs)
An RESP is a government-registered savings plan that helps you save for a child's post-secondary education.
Public Service Pension Plan (PSPP) and Pension Estimator
The PSPP is a contributory defined benefit pension plan. The primary objective of the Plan is to provide retirement income to participating members. The PSPP also provides benefits in the event of death, disability or termination of employment. The Pension Estimator online tool estimates your pension only and does not take into account other sources of income.
Universities Academic Pension Plan (UAPP) and Retirement Planner
The UAPP is a contributory defined benefit pension plan. The primary objective of the Plan is to provide retirement income to participating members. The UAPP also provides benefits in the event of death, disability or termination of employment. The Retirement Planner is a member’s key to personalized information about the UAPP and where you will be able to prepare retirement estimates that use your actual data.
Financial Consumer Agency of Canada
Confidential Estate Planning Organizer
University of Alberta, Office of Planned Giving
Seniors Association of Greater Edmonton (SAGE)
Seniors Association of Greater Edmonton (SAGE) inspiring and supporting seniors to be the best they can be.