Retirement Income Sources
|AVERAGE INCOME5 OF CANADIAN SENIORS BY INCOME SOURCE6 (in constant 2011 dollars)|
|Income from public sources|
|Income from private sources|
State-run pension plans (combined OAS, GIS, CPP and QPP) represented 41.2% of the total income of seniors in 2011. A third (33.7%) of seniors’ income came from private pension plans and RRSPs. The remaining came from investment income (9.3%) and other sources (15.8%), including other market income and other government transfers.
5 At the average point, when data are organized numerically, half of the results are above the average and the other half is below.
6 Calculations of Human Resources and Skills Development Canada based on Statistics Canada data, CANSIM Table 202 – 0407, 2011.
This document has been updated on August 31st, 2018 and reflects the state of the Law, including draft amendments, at that date.