One spouse can split up to one-half of his/her CPP/QPP entitlement with the other spouse who worked fewer years. A CPP cheque is issued to the second spouse from the government.
If you are 65 or older you can split pension income with a spouse who is under 65.
Pension income splitting could have an impact on several other tax calculations and credits including OAS benefits, medical expense credits, spousal credit, age credit clawbacks, and quarterly tax instalments.
You don?t have to split pension income 50-50. Split amounts can change each year based on your personal tax situation that year