Table of Contents

How to Contact Us

Introduction

What Happens to your Pension After You Retire?

What Deductions are Taken from Your Pension?

Taxes

Insured benefit premiums

Spousal or child support payments

Additional Canada revenue Agency deductions

No other deductions permitted

What Death Benefits are Available for your Survivors after Retirement?

What About Health, Dental and Life Insurance Benefits?

What Should be Done When a Pensioner Dies?

Defined Terms

Commonly Asked Questions

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No other deductions permitted

While you are receiving your pension, it is exempt from most creditors. The exceptions are the Canada Revenue Agency, your former spouse in the case of a marriage breakdown and orders for support. If you die after retirement and do not have an eligible spouse, eligible children or a named payment recipient, payments made to your estate can be claimed by creditors.

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