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New Member
posted Apr 27, 2021 12:09:29 AM

Am I eligible for Pension Plan and relocation

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Level 5
Nov 2, 2021 10:48:01 AM

As per CRA, to be eligible  for a Canada Pension Plan (CPP) retirement pension, you must meet the following requirements:

  • Must be at least 60 years old and
  • Have made at least one eligible CPP contribution

Valid contributions can come from work you completed in Canada or from credits you received from a previous spouse or common-law partner after the relationship ended.

You should apply well ahead of the time you want your pension to begin.

 

As per Taxtips, to be eligible for line 21900 Moving expense deduction. You can deduct the cost of moving expenses incurred, up to the amount you earn at the new location, or up to the amount of award or scholarship income received in the year, if you moved at least 40 kilometers to be closer to a new job, to run a business, or to attend a post-secondary educational institute full time. 

 

To learn more details about CPP and Moving expenses Deduction, please click CPPCPP-Eligibility, and Line 21900 

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