In recent years, more and more Chinese people choose to plan their Canadian identity.
For these individuals who are naturalized in Canada, are they eligible to enjoy domestic pension benefits?
01
You can still enjoy the Chinese pension when you become a Canadian citizen
According to the "Regulations Concerning Retirees Permitted to Settle Abroad Can Still Enjoy Retirement Benefits After Acquiring Foreign Nationality" ([85] Qiao Zheng Zi No. 119), retirees who have acquired foreign nationality are still eligible to enjoy corresponding retirement benefits.
For applicants who have joined the Canadian citizenship and meet the conditions for receiving it, they can choose the traditional way to submit a paper certification application to the embassy or consulate in Canada.
In addition, after being naturalized in Canada, they can also apply for pension qualification certification through the Chinese Consular APP.
It should be noted that at present, foreign applicants may encounter identity verification problems when applying for pension eligibility verification in the APP, resulting in application failure. Therefore, it is more recommended to apply in the traditional way.
02
Requirements for receiving a pension
For individuals who pay pension insurance in China, if they immigrate to Canada after retirement, their pension receiving methods will be different from those in China, as follows
Case 1
If an individual changes nationality after retirement, he is still eligible for social insurance benefits and can receive a monthly pension.
In other words, as long as the basic conditions for receiving pensions in China are met, retirees can continue to receive pensions after they become foreign nationals.
◆Basic conditions
According to the "Social Insurance Law of the People's Republic of China" and its relevant regulations, the following conditions must be met:
●Participate in the basic endowment insurance and have paid for it for 15 years;
●Attain the statutory retirement age (subject to local or industry regulations), and go through retirement procedures before emigrating abroad to obtain a pension account.
Case 2
If the individual has changed their nationality before retirement, they will not be able to continue to participate in the pension insurance, and can only receive the pension in advance, and can only receive the part of the personal account, and cannot receive the social pooling part.
Canada, a country with generous social benefits, including comprehensive health care, a high-quality education system and a well-established pension system.
Naturalized in Canada, as long as you meet the relevant conditions, you can enjoy the pension "benefits" of China and Canada!
At the same time, Canada is also known for its pleasant natural environment, with vast forests, magnificent lakes and majestic mountains.
The social inclusiveness and multiculturalism here allows everyone to find their own sense of belonging here.
Whether it is life or career development, Canada provides an ideal stage for people to realize their dreams and pursue happiness.
If you are also interested in planning your Canadian identity, please contact Xingyunhai International!
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