DEFINITION:Canada Pension Plan Post-Retirement Disability Benefit:
The Canada Pension Plan (CPP) Post-Retirement Disability Benefit is a program offered by the Government of Canada to provide financial support to individuals who become disabled after the age of 65 while they are already receiving CPP retirement benefits. This benefit aims to assist retired individuals who experience a new disability and are unable to work due to their condition.
FAQs:
1. Who is eligible for the CPP Post-Retirement Disability Benefit?
To be eligible for the CPP Post-Retirement Disability Benefit, you must be at least 65 years old and already receiving CPP retirement benefits. Additionally, you must have a severe and prolonged disability that prevents you from participating in any substantially gainful employment.
2. Can I apply for the CPP Post-Retirement Disability Benefit if I am already receiving disability benefits?
No, in order to qualify for the CPP Post-Retirement Disability Benefit, you must already be receiving CPP retirement benefits. This benefit is specifically designed for individuals who become disabled after the age of 65.
3. How much can I receive from the CPP Post-Retirement Disability Benefit?
The amount you receive through the CPP Post-Retirement Disability Benefit is based on your contributions to the CPP. The benefit is typically calculated at the same rate as the CPP disability benefit, which is 75% of your average monthly retirement pension amount.
4. Do I need to submit medical documentation to apply for the CPP Post-Retirement Disability Benefit?
Yes, you will need to provide medical documentation and evidence of your disability when applying for the CPP Post-Retirement Disability Benefit. This information is necessary to assess your eligibility and determine the extent of your disability.
5. Can I receive other benefits or insurance coverage along with the CPP Post-Retirement Disability Benefit?
Yes, you can receive other benefits or insurance coverage while receiving the CPP Post-Retirement Disability Benefit. However, it is important to note that the total amount of benefits you receive from all sources cannot exceed 100% of your average monthly retirement pension amount.
6. Is there a waiting period before receiving the CPP Post-Retirement Disability Benefit?
Yes, there is a waiting period of four months after the month your disability begins before you can start receiving the CPP Post-Retirement Disability Benefit. This waiting period ensures that the benefit is provided to individuals with long-term disabilities.
7. Can my spouse or common-law partner receive any benefits if I qualify for the CPP Post-Retirement Disability Benefit?
No, the CPP Post-Retirement Disability Benefit is only paid to the individual who meets the eligibility requirements. However, your spouse or common-law partner may be eligible for other CPP benefits, such as survivor benefits, if applicable.