Canada Pension Plan — C-8 67
Commencement of retirement pension 67 (1) For a retirement pension that commences to be payable before January 1, 1987, subject to section 62, where an applicant, other than an estate, has reached sixty-five years of age and payment of the retirement pension is approved, the pension is payable for each month commencing with (a) the month in which the applicant reached sixty-five years of age, (b) the latest of the eleventh month preceding the month in which the application was received, the month following the month in which the contributor last worked and for which a contribution was made under this Act or a provincial pension plan and the month following the last month for which unadjusted pensionable earnings have been attributed under section 55, or (c) the month for which the applicant applied for the pension to commence, whichever is the latest. Idem (2) For a retirement pension that commences to be payable on or after January 1, 1987 and where the applicant is not an estate, subject to section 62, where payment of the retirement pension is approved, the pension is payable for each month commencing with the latest of (a) the month in which the applicant reached sixty years of age, (b) the month following the month in which the applicant applied, if he was under seventy years of age when he applied, (c) the month following the month in which the applicant wholly or substantially ceased to be engaged in paid employment or self-employment, if he is then under sixty-five years of age, (d) the month in which the applicant reached sixty-five years of age, if he has not wholly or substantially ceased to be engaged in paid employment or self-employment, (e) the twelfth month preceding the month following the month in which the applicant applied, if he was over seventy years of age when he applied, (f) the month in which the applicant reached seventy years of age, if he applied after reaching that age, (g) the month of January 1987, if the applicant has reached sixty years of age but not sixty-five years of age before that month, and (h) the month chosen by the applicant in his application. Exception (3) Where a person who has applied to receive a retirement pension attains the age of sixty-five years before the day on which the application is received, the pension is payable commencing with the latest of (a) the twelfth month before the month after the month in which the applicant applied or the month of January 1995, whichever is later, (b) the month in which the applicant reaches the age of sixty-five years, or (c) the month chosen by the applicant in the application. Commencement of retirement pension — on or after January 1, 2012 (3.1) For a retirement pension that commences to be payable on or after January 1, 2012 and if the applicant is not an estate, subject to section 62, if payment of the retirement pension is approved, the pension is payable for each month commencing with the latest of (a) the month in which the applicant reached sixty years of age, (b) the month following the month in which the application was received if they were under sixty-five years of age when they applied, (c) the eleventh month preceding the month in which the application was received if they have reached sixty-five years of age when they applied, but in no case earlier than the month in which they reached sixty-five years of age, and (d) the month chosen by the applicant in their application. Retirement pension — application waived (3.2) For a retirement pension in respect of which the requirement to make the application was waived under subsection 60(1.2), if payment of the retirement pension is approved, the pension is payable for each of the following months: (a) each month after the month in which the requirement was waived; and (b) each of the 12 months in which the beneficiary had reached the age of 70 — including the month in which they reached that age — before the first month referred to in paragraph (a). Deemed application where di