What is the Canada Pension Plan death benefit?
Death Benefit. The Canada Pension Plan (CPP) death benefit is a one-time, lump-sum payment to the estate on behalf of a deceased CPP contributor. If an estate exists, the executor named in the will or the administrator named by the Court to administer the estate applies for the death benefit.
Can a deceased CPP contributor get a death benefit?
The executor of the estate may apply for the funds (within 60 days) or it can also go to the surviving spouse or next of kin if there’s no estate. For a deceased CPP contributor to qualify for the death benefit, they must have contributed to the Canada Pension Plan for the lesser of: One-third of the calendar years in their contributory period.
Who is entitled to death benefit?
If no estate exists or if the executor has not applied for the death benefit, payment may be made to other persons who apply for the benefit in the following order of priority: the person or institution that has paid for or that is responsible for paying for the funeral expenses of the deceased; the next-of-kin of the deceased.