You can work and continue to receive your pension. However, you must contribute to the Plan once your earnings exceed the $3500 basic exemption.
These contributions entitle you to an increase in your retirement pension: the retirement pension supplement. No application needs to be filed because we will automatically pay it.
Even if the supplement is payable as of 1 January, it usually takes a few months before we receive from Revenu Québec the information required to calculate it. We will pay the amounts owing retroactive to 1 January.
Louise is receiving a retirement pension of 750 $ per month. This year, her employment earnings are 22 700 $. She contributes to the Plan based on employment earnings of 19 200 $ (22 700 $ minus the basic exemption of 3 500 $). On 1 January of the following year, Louise will be entitled to a supplement of 8 $ a month (19 200 $ x 0,5% = 96 $ a year) because of the contributions she made. If she continues to work in the following years, new supplements will be added to her pension for each year worked.