Human Resources and Skills Development Canada
Symbol of the Government of Canada

Human Resources and Skills Development Canada

www.hrsdc.gc.ca

Canada’s Public Pension system

Direct Deposit


  • Bank, Credit Union or Financial Institution
  • 83% of CPP clients receive their monthly payment through direct deposit
  • 86% of OAS clients receive their monthly payment through direct deposit

Notes 1

Notes

  1. For CPP there were 4.7 million clients in pay and of these clients approximately 3.9 million (83%) received their payments by direct deposit (October 2006).

    For OAS there were 4.3 million clients in pay and of these clients approximately 3.7 million (86%) received their payments by direct deposit (October 2006).

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Date Modified:
2007-12-21