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I am collecting CPP and OAS, I have been asked by a former employer to return to work. Will that affect my CPP and OAS income?

 
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I am collecting CPP and OAS, I have been asked by a former employer to return to work. Will that affect my CPP and OAS income?

It will not affect the CPP and OAS you are already receiving unless you earn more than $72,809.  If you are between 65 and 70 years of age, you will need to ask your employer to fill out a CPT30 election to stop paying CPP, or you will still have to contribute CPP.  You will continue to contribute to EI while employed.

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2 Replies

I am collecting CPP and OAS, I have been asked by a former employer to return to work. Will that affect my CPP and OAS income?

It will not affect the CPP and OAS you are already receiving unless you earn more than $72,809.  If you are between 65 and 70 years of age, you will need to ask your employer to fill out a CPT30 election to stop paying CPP, or you will still have to contribute CPP.  You will continue to contribute to EI while employed.

susanneca
New Member

I am collecting CPP and OAS, I have been asked by a former employer to return to work. Will that affect my CPP and OAS income?

Yes this was helpful but I am 73 - does my employer still need to fill out a CPT30 election