10.2 Public and private pensions

In this section:


Someone hopes to live on her pension in retirement.

For most Canadians, income from pensions, whether public, private or a combination of the two, will form a substantial part of their retirement income. But many Canadians cannot rely on public sources of income to cover all of their retirement needs. That's why it's essential to build some savings of your own.

This section is about how pensions and other benefits can provide income for your retirement. In it you will learn:

  • how the federal and Quebec pension systems work
  • how private pension systems work
  • other government benefits that can supplement your retirement income.

By the time you finish this section, you will have a better idea of how much you can rely on from public and private pensions for retirement income.

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