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
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.
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