How often are payments made?

Frequency of your payments

You will receive your pension on the last working day of the month.


Sign up for direct deposit to receive your payments in your bank account.


Do you live outside Canada?

In certain cases, you can receive your pension by direct deposit in the currency of your country of residence. Consult the list of countries or territories where this service is currently offered.

You cannot request provincial income taxes to be deducted from your pension. The income tax rate that applies to your income is determined by the Canada Revenue Agency.

For more information or to request a change regarding an income tax deduction, consult the Taxes on Pensions and Benefits for those outside Canada This link will open in a new window. page on the Government of Canada's website.


See the payment dates for retirement pensions.

 Important ...
  • Your retirement pension under the Québec Pension Plan is taxable.
  • It is adjusted in January each year to reflect increases in the cost of living.
  • You can save on the income tax payable on your pension.
  • You can ask us to deduct income tax at source. Simply indicate the amount to be deducted.

CompuPension

Tool for estimating your retirement income

It's free, intelligent and innovative. CompuPension is an effective and useful tool for knowing about the income sources that you will have after retirement.

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