Government of Canada promoting retirement planning
Feb. 26, 2025
Global Korean Post
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Every Canadian deserves a comfortable, safe, and secure retirement. However, many Canadians often lack information on how public pensions work, or delay planning for retirement until later in life. When money is stretched thin, tough decisions become a daily reality.
On February 17, Minister of Seniors, Joanne Thompson and Minister of Citizens’ Services Terry Beech launched the Retirement Planning and Resources advertising campaign, which promotes the availability of a range of retirement planning tools and resources to Canadians. The campaign will provide a single point of access for all retirement planning resources, with its first phase running from February 17 until March 23.
Whether planning for retirement or already enjoying it, Canada.ca/retirement will help Canadians explore public pension programs, retirement checklists, budget planning, retirement calculators and more to help make the most of their retirement, no matter where they are in their journey.
Topics include:
- public pensions, such as the Canada Pension Plan (CPP), Old Age Security (OAS) and the Guaranteed Income Supplement (GIS), and how to apply;
- the Retirement Income Calculatorand OAS Benefits Estimator;
- employer pension plans and how much workers may need to save;
- tools from the Financial Consumer Agency of Canada, such as the Retirement Checklistand the Budget Planner;
- transitioning from working to retirement;
- retiring abroad and receiving public pensions outside of Canada;
- managing public pensions when already retired;
- payment dates for CPP and OAS;
- eligible tax deductions and benefits;
- frauds and scams; and
- protecting yourself from financial abuse.
This campaign supports the efforts of the Government of Canada in helping all Canadians access the necessary resources and programs to retire and age with dignity after a lifetime of hard work.
by Global Korean Post
