TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

RETIREMENT ANNUITY [1 record]

Record 1 2024-04-03

English

Subject field(s)
  • Pensions and Annuities
  • Social Security and Employment Insurance
CONT

A retirement pension is payable to each contributor at age 60 or older according to the provisions of the [Canada Pension Plan] Act. The monthly amount is equal to 25% of the contributor's average monthly pensionable earnings during the pensionable period. The amount may be reduced or increased depending upon whether the contributor applies for a retirement pension before or after age 65.

OBS

The term "superannuation" generally refers to the pension plans for Canadian Public Service employees, whereas "retirement pension" may also include plans outside the Public Service.

French

Domaine(s)
  • Pensions et rentes
  • Sécurité sociale et assurance-emploi
DEF

Paiement mensuel versé aux employés retraités qui ont cotisé à un régime de pension.

CONT

La pension de retraite est payable à tous les cotisants de 60 ans ou plus, sous réserve des dispositions de la Loi [du Régime de pensions du Canada]. Le montant mensuel est égal à 25 % de la moyenne mensuelle des gains admissibles durant la période cotisable. Il est rajusté à la baisse ou à la hausse selon que la personne demande sa pension avant ou après l'âge de 65 ans.

Spanish

Campo(s) temático(s)
  • Pensiones y rentas
  • Seguridad social y seguro de desempleo
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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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