After you retire you might be thinking of moving to a new city, province, or even country. There are a few things you need to consider as far as your LAPP pension goes.
If you move out of province or country, please update your information via mypensionplan.ca or contact us as soon as you can, so your provincial or out-of-country tax rate can be adjusted if needed.
If you live or intend to live outside of Canada:
It is important to know that many countries have tax agreements with the Government of Canada, which means your income may be taxed at a lower rate. You can find a listing of these agreements and tax rates on the Government of Canada's Benefits for Canadians Living Abroad page. If the country you are moving to or live in does not have a tax treaty with Canada, your LAPP pension will be taxed at a standard 25% rate.