Alivio Downsizing

CPP Death Benefit & More

Did you know that if a contributor to the Canada Pension Plan (CPP) passes, the estate is eligible for a one-time Death Benefit payment (to a maximum of $2500), and possibly a monthly survivor’s pension or children’s benefit?

The process of dealing with the death of a loved one can be overwhelming, time-consuming, and costly. Alivio Solution will not only help ease your burden and shorten the time of divesting the estate by months, but we’ll also increase the return on furniture and effects as well as ultimately optimize the sale of the home. That said, there is an additional way you can ease the financial burden associated with the passing of a loved one.

The Death Benefit & Survivor’s Pension

  • The amount depends on how much, and for how long, the deceased person paid into the Canada Pension Plan.
  • The deceased person does not have to have been receiving CPP benefits and did not have to be over age 60 to be eligible.
  • Anyone employed by a company in Canada has automatically been paying into the CPP through payroll deductions.
  • The Death Benefit is a one-time payment to assist in funeral expenses and/or the divestment of the home.
  • The Canada Pension Plan Survivor’s Pension is an ongoing monthly payment to the legal spouse or common-law partner of the deceased contributor.
    (Applies equally for same-sex partnerships.)
  • If you are separated but are still legally married and there is no new common-law partner, you may still qualify for this benefit.

The children’s benefit

  • This is paid to a dependent; natural or adopted child of the deceased contributor, or
  • A child in the care and control of the deceased contributor at the time of death.
  • The child must be either under age 18 or between the ages of 18 and 25 and in full-time attendance at a school or university.

These benefits are not given automatically; you must apply for them.

  • Application kits are available from any Human Resource Canada Centre and from many funeral homes.
  • The kit contains detailed information and instructions as well as a list of the documents you will need to support your application.
  • For more information, or to order a kit directly, call 1-800-277-9914.

Detailed information, including eligibility, is available at the Service Canada website.

If you’ve recently lost someone and need assistance with downsizing or divesting a home, please contact us for a free consult to see how we can assist you.

Consider sharing this post on social media, you never know who may be going through the same challenges, you may find support, and/or you may help them when tackling the practical tasks needed after their loss.