Retirement age by class of worker and gender, annual.

This statistic provides information on the median age of retirement in Canada from 2000 to 2022. In 2022, the median age of retirement for Canadian employees stood at 64.8 years.

Retirement Age Men in Canada remained unchanged at 65 Years in 2025 from 65 Years in 2024. This dataset provides - Canada Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistical table illustrates the average annual pension amount paid to men and women, as well as their average age and their average years of pensionable service. The ‘Pensions’ column includes immediate annuities, disability retirement benefits, and annual allowances payable to former contributors. The table also illustrates the average annual amount of survivor pensions paid to spouse/common-law partners, children and students, their average age and their average years of pensionable service. All amounts include indexation.

This dataset is a customization of Statistics Canada data to present information on retirement age by sex and class of worker for Canada and provinces from 1976 to 2012 (annual averages).

This dataset provides values for RETIREMENT AGE MEN reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Registered pension plans (RPPs), active members and market value of assets, by normal retirement age, sector, type of plan and contributory status.

This table contains 2394 series, with data for years 1991 - 1991 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Population group (19 items: Entire cohort; Income adequacy quintile 1 (lowest);Income adequacy quintile 2;Income adequacy quintile 3 ...), Age (14 items: At 25 years; At 30 years; At 40 years; At 35 years ...), Sex (3 items: Both sexes; Females; Males ...), Characteristics (3 items: Life expectancy; High 95% confidence interval; life expectancy; Low 95% confidence interval; life expectancy ...).

This dataset provides values for RETIREMENT AGE WOMEN reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset is a customization of Statistics Canada data to present retirement median age by sex and major industry (NAICS 2 digit) for Canada and Provinces from 1987 to 2018.

This statistic shows the total median income of senior citizens in Canada from 2000 to 2020, distinguished by age group. In 2020, the total median income of Canadian senior citizens aged 65 years and over amounted to 32,020 Canadian dollars.

CPP and OAS Annual Statistics Tables contain historical data on CPP and OAS, average monthly benefits and net payments in fiscal years. For a more detailed report on CPP and OAS Annual Statistics Tables, see THE ANNUAL CPP & OAS STATS BOOK 2024 to the following web site: https://publications.gc.ca/site/eng/9.858997/publication.html

In fiscal year 2023-2024, the ages of residents in continuing care facilities (usually long-term care facilities in residential or hospital-based settings) in Canada averaged to around 83 years. Residents in hospital-based continuing care were slightly younger than those in residential facilities, with residents in Manitoba having the highest average age.

This statistical table illustrates the average annual pension amount paid to men and women, as well as their average age and their average years of pensionable service. The ‘Pensions’ column includes immediate annuities, disability retirement benefits, and annual allowances payable to former contributors. The table also illustrates the average annual amount of survivor pensions paid to spouse/common-law partners, children and students, their average age and their average years of pensionable service. All amounts include indexation.

If you’re a senior with low income, you may qualify for monthly Guaranteed Annual Income System payments.

Maximum payment and allowable private income amounts:

The guaranteed income levels for July 1, 2024 to June 30, 2025 are:

• $87 monthly for single seniors (maximum monthly payment amount), your annual private income must be less than $4,176
• $174 monthly for senior couples (maximum monthly payment amount), your annual private income must be less than $8,352

The data is organized by private income levels. GAINS payments are provided on top of the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS) payments you may receive from the federal government.

Learn more about the Ontario Guaranteed Annual Income System

This data is related to The Retirement Income System in Canada

This statistical table illustrates the number of unreduced pensions (i.e. immediate annuities - excluding those resulting from disability retirement) by age at retirement, the average age of retirement and the average dollar amount of the unreduced pension. The data illustrated for ‘Pensions at Age 50-54 at Retirement’ include only eligible Correctional Service Canada operational employees who qualify for an unreduced pension. The data illustrated for ‘Pensions at Age 60 at Retirement’ exclude deferred annuities that became payable at age 60.

This statistic shows the median total income of senior couple families, aged 55 years and over, in Canada from 2000 to 2020, distinguished by age group. In 2020, the median income of senior couple families aged 65 years and over was 76,510 Canadian dollars.

The aging of the Canadian population represents significant challenges. The 2011 Speech from the Throne stated that “this demographic challenge will impact our economic future and put long term pressures on our pension and health systems that must be addressed.” Notably: Life expectancy has been steadily increasing for both women and men in recent decades. For example, in 1996, a man at age 65 was expected to receive OAS benefits for less than 14 years. As a result of increased life expectancy, in 2010, it is now expected that he will be receiving benefits for 20 years. These gains are still not fully reflected in the average age of retirement. The senior dependency ratio (the number of working-age Canadians to retired seniors) is projected to decrease from 5:1 in 2010 to 3:1 by 2030. Issues of intergenerational fairness are complex and need to be better understood. HRSDC will use this research to examine aging and retirement issues among Canadians to ensure Government of Canada programs and services meet the needs of the Canadian public.

Footnotes:1Gender refers to an individual's personal and social identity as a man, woman or non-binary person (a person who is not exclusively a man or a woman). Gender includes the following concepts: gender identity, which refers to the gender that a person feels internally and individually; gender expression, which refers to the way a person presents their gender, regardless of their gender identity, through body language, aesthetic choices or accessories (e.g., clothes, hairstyle and makeup), which may have traditionally been associated with a specific gender. A person's gender may differ from their sex at birth, and from what is indicated on their current identification or legal documents such as their birth certificate, passport or driver's licence. A person's gender may change over time. Some people may not identify with a specific gender.2Given that the non-binary population is small, data aggregation to a two-category gender variable is sometimes necessary to protect the confidentiality of responses provided. In these cases, individuals in the category “non-binary persons” are distributed into the other two gender categories and are denoted by the “+” symbol.3Age' refers to the age of a person (or subject) of interest at last birthday (or relative to a specified, well-defined reference date).4This category includes women and girls, as well as some non-binary persons.5The median income of a specified group is the amount that divides the income distribution of that group into two halves, i.e., the incomes of half of the units in that group are below the median, while those of the other half are above the median. Median incomes of individuals are calculated for those with income (positive or negative).6Average income of a specified group is calculated by dividing the aggregate income of that group by the number of units in that group. Average incomes are calculated for those with income (positive or negative).7Total income refers to the sum of certain incomes (in cash and, in some circumstances, in kind) of the statistical unit during a specified reference period. The components used to calculate total income vary between: – Statistical units of social statistical programs such as persons, private households, census families and economic families; – Statistical units of business statistical programs such as enterprises, companies, establishments and locations; and – Statistical units of farm statistical programs such as farm operator and farm family. In the context of persons, total income refers to receipts from certain sources, before income taxes and deductions, during a specified reference period. In the context of census families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of economic families, total income refers to receipts from certain sources of all of its family members, before income taxes and deductions, during a specified reference period. In the context of households, total income refers to receipts from certain sources of all household members, before income taxes and deductions, during a specified reference period. The monetary receipts included are those that tend to be of a regular and recurring nature. Receipts that are included as income are: * employment income from wages, salaries, tips, commissions and net income from self-employment (for both unincorporated farm and non-farm activities); * income from investment sources, such as dividends and interest on bonds, accounts, guaranteed investment certificates (GICs) and mutual funds; * income from employer and personal pension sources, such as private pensions and payments from annuities and registered retirement income funds (RRIFs); * other regular cash income, such as child support payments received, spousal support payments (alimony) received and scholarships; * income from government sources, such as social assistance, child benefits, Employment Insurance benefits, Old Age Security benefits, COVID-19 benefits and Canada Pension Plan and Québec Pension Plan benefits and disability income. Receipts excluded from this income definition are: * one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump-sum insurance settlements and tax-free savings account (TFSA) or registered retirement savings plan (RRSP) withdrawals; * capital gains because they are not by their nature regular and recurring. It is further assumed that they are more relevant to the concept of wealth than the concept of income; * employers' contributions to registered pension plans, Canada Pension Plan, Québec Pension Plan and Employment Insurance; * voluntary inter-household transfers, imputed rent, goods and services produced for barter and goods produced for own consumption.8The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.9The sum of employment income (wages, salaries and commissions, net self-employment income from farm or non-farm unincorporated business and/or professional practice), investment income, private retirement income (retirement pensions, superannuation and annuities, including those from registered retirement savings plans [RRSPs] and registered retirement income funds [RRIFs]) and other money income from market sources during the reference period. It is equivalent to total income minus government transfers. It is also referred to as income before transfers and taxes.10The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.11All income received as wages, salaries and commissions from paid employment and net self-employment income from farm or non-farm unincorporated business and/or professional practice during the reference period.12The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.13Gross wages and salaries before deductions for such items as income taxes, pension plan contributions and employment insurance premiums during the reference period. While other employee remuneration such as security options benefits, board and lodging and other taxable allowances and benefits are included in this source, employer's contributions to pension plans and employment insurance plans are excluded. Other receipts included in this source are military pay and allowances, tips, commissions and cash bonuses associated with paid employment, benefits from wage-loss replacement plans or income-maintenance insurance plans, supplementary unemployment benefits from an employer or union, research grants, royalties from a work or invention with no associated expenses and all types of casual earnings during the reference period.14The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.15Net income (gross receipts minus cost of operation and capital cost allowance) received during the reference period from self-employment activities, either on own account or in partnership. In the case of partnerships, only the person's share of income is included. Net partnership income of a limited or non-active partner is excluded. It includes farming income, fishing income and income from unincorporated business or professional practice. Commission income for a self-employed commission salesperson and royalties from a work or invention with expenses associated are also included in this source.16The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.17All cash benefits received from federal, provincial, territorial or municipal governments during the reference period. It includes: * Old Age Security pension, Guaranteed Income Supplement, Allowance or Allowance for the Survivor; * retirement, disability and survivor benefits from Canada Pension Plan and Québec Pension Plan; * benefits from Employment Insurance and Québec parental insurance plan; * child benefits from federal and provincial programs; * social assistance benefits; * workers' compensation benefits; * Canada workers benefit (CWB); * Goods and services tax credit and harmonized sales tax credit; * other income from government sources. For the 2021 Census, this includes various benefits from new and existing federal, provincial and territorial government income programs intended to provide financial support to individuals affected by the COVID-19 pandemic and the public health measures implemented to minimize the spread of the virus.18The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars.19Refers to the sum of payments received from COVID-19 - Emergency and recovery benefits and Employment Insurance (EI) benefits.20The reference period for this variable is calendar year 2019. The variable is intended for comparison with its 2020 equivalent and other 2019 income variables. Income for 2019 is presented in 2020 constant dollars. In 2019, earning replacement benefits is equal to Employment Insurance (EI) benefits.21All Employment Insurance (EI) benefits received during the reference period, before income tax deductions. It includes benefits for unemployment, sickness, maternity, paternity, adoption, compassionate

Registered pension plans (RPPs), active members and market value of assets, by normal retirement age, sector, type of plan and contributory status.