About your Pension
As a member of the Labourers’ Pension Fund of Central and Eastern Canada (LPF), you are eligible for a lifetime pension when you retire. Learn more here about your LPF pension and how life and re-employment changes can affect your pension.
LPF pensions are lifetime pensions paid on a monthly basis on the first business day of each month. Pension payments are only available by direct deposit to the financial institution of your choice anywhere in Canada or abroad.
Your pension is considered taxable income. Therefore, the Canada Revenue Agency (CRA) requires tax to be deducted from monthly pension payments if over a certain amount (which may change on a yearly basis).