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Canada Pension Plan and Old Age Security Benefit Rates 2011

Outline: Benefit rates for the Canada Pension Plan (CPP) and Old Age Security (OAS) effective January 2011.

Main Digest

Human Resources and Skills Development Canada today announced the benefit rates for the Canada Pension Plan (CPP) and Old Age Security (OAS), effective January 1, 2011.

CPP benefits will increase by 1.7 percent . CPP benefits are revised once a year, in January , based on changes over a 12-month period (November 2009 to October 2010) in the Consumer Price Index, which is the cost-of-living measure used by Statistics Canada. The maximum CPP retirement benefit will increase from $934.17 to $960 per month.

The basic OAS pension, the Guaranteed Income Supplement and the Allowances will increase by 0.5 percent. These payments are also based on the Consumer Price Index but are revised quarterly, in January, April, July and October. The maximum basic Old Age Security pension will increase from $521.62 to $524.23 per month.

The Guaranteed Income Supplement and the Allowances provide additional income to low-income pensioners, their spouses or common-law partners, and eligible survivors.

Although OAS and CPP benefits are not indexed at the same time, they are both adjusted with the cost of living over a given year.

For further information, please consult the Human Resources and Skills Development Canada web site.

The Old Age Security pension and the Canada Pension Plan enhance the quality of life of Canadian seniors by providing a modest base upon which to build additional income for retirement.

The OAS program is funded through general tax revenues and provides a basic minimum income for Canadian seniors. It provided 4.8million seniors with $34.66 billion in 2009 2010

The CPP (or the Quebec Pension Plan in Quebec) is funded through contributions by Canadian workers, their employers and the self-employed, and through investment earnings on the Plan's funds. In addition to retirement benefits, the Plan provides disability benefits, death benefits, survivor benefits and benefits for children.

Canada's public pensions are fully sustainable for generations to come. Canadians can count on their public pensions to be there for them in the future.

Maximum Canada Pension Plan benefit rates as of January 1, 2011

Type of Canada Pension Plan BenefitMaximum Benefit Rates for 2011
Retirement pension (at age 65)$960
Disability pension$1,153.37
Survivor's pension (under age 65)$529.09
Survivor's pension (age 65 and over)$576
Disabled contributor's child benefits
Deceased contributor's child benefits
Death benefit$2,500
Combined pensions:
Survivor/Retirement (retire at age 65)
Flat rate:
Survivor's pension
Disability pension

Maximum OLDAGESECURITY benefit rates as ofJANUARY 1, 2011

Type of Old Age Security benefit

Maximum monthly benefit rates
January to March 2011

Previous quarter

October to December 2010

Basic Old Age Security pension



Guaranteed Income Supplement



Spouse/Common-law partner of
  • a non-pensioner



  • a pensioner



  • an Allowance recipient



The Allowances
  • regular
  • survivor





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