Useful Numbers 2015 – by Louis Erlichman
A. PENSIONS: 1. OLD AGE SECURITY BENEFIT (Monthly, at age 65, January/2015) $564.87 -adjusted quarterly OAS/GIS can be deferred up to 5 years (to age 70), with an increase of 0.6% for each month of deferral 2. CANADA/QUEBEC PENSION PLAN (2015) * Maximum Monthly Retirement Benefit at age 65 $1,065.00 [Reduction of 0.58%(CPP)/0.56%(QPP)per month for retirement 60-64; Increase of 0.70% per month for retirement 65-70]