CPP retirement pension is based on your average lifetime earnings during your contributory years
CPP contributions are made on earnings between the yearly basic exemption and the yearly maximum pensionable earnings
The amount you receive depends on how much and how long you contributed to CPP
The standard CPP retirement pension starts at age 65
The monthly amount is calculated using your contributory earnings, contribution rate, and years of contributions
Low-earning months can be dropped from the calculation through the general dropout provision
Child-rearing periods and disability periods may also be excluded from the calculation
The pension amount is adjusted if you start receiving it before age 65
The pension amount is increased if you delay receiving it after age 65
The maximum CPP retirement pension changes each year based on your contribution history and the year you begin receiving it
Use your CPP Statement of Contributions to estimate your pension amount
The Government of Canada CPP retirement pension calculator can provide an estimate based on your earnings history
The final pension amount is determined by Service Canada using your contribution record