Private disability Pension and CPP-D

1

I have been on CPP Disability for several years. That is not the issue. It looks like it would be best financially for me to take my early retirement (which is a great deal) from my private work pension plan at age 62. If I do so will that have any effect on my CPP Disability.

2

I don’t know.
It seems if you retire early your CPP would be reduced but I don’t know if your CPPD continues until 65.
I would phone Service Canada.

3

I suggest you contact an independent financial planner. They charge prolly four hundred dollars an hour and the give excellent advice. They do not sell you any products. It is money well spent.

4

I just remembered. There is a retired CRA employee who tries to answer complex questions. If you PM me I can name the site. I hope I am not breaking any rules by posting this.

5

The best solution to this is to just talk to somebody from Service Canada. They will be able to tell if you continue to receive CPP-D or not.

In case of CPP retirement pension and CPP disability pension, you cannot receive both benefits at the same time. https://www.canada.ca/en/services/benefits/publicpensions/cpp/cpp-disability-benefit/before-apply.html

6

Whenever dealing with a private work pension, go directly to the administrator of the private work pension with questions. They are the ones who send you the annual pension statement. CPPD isn’t affected by work pensions, but work pensions can be affected by CPPD.

David Brannen

Disability Lawyer with Resolute Legal

The response posted above is based on the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with a lawyer, fully explain your situation, and allow the lawyer enough time to research the applicable law and facts required to give an adequate opinion. The basic information provided above is intended as a public service only, a full one-on-one discussion with a lawyer should be done before taking any any action. The information posted on this forum is available to the viewing public and is not intended to create a lawyer client relationship with any person. If you want one-on-one advice, please click here to request a free consultation or call toll free 1-877-282-5188 to speak with a member with our disability claim support team.

1 Like