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CPP Retirement Pension Calculator
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Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with! Calculators -> CPP Retirement Pension Calculator information page  Note:  This calculator will retain data.  Click Reset before closing if using on a public computer.  Best viewed in Chrome, Firefox, or Vivaldi.  Printing works best from Chrome or Vivaldi
Current year
Monthly benefit at age 65 <-from your current CPP statement of contributions
Annual benefit at age 65
CPP Indexation Factors
Estimated annual indexation of CPP % 2024 4.4%
2023 4.2%
Start at age
2022 2.7%
Start in year
2021 1.0%
% reduction/mo
2020 1.9%
% increase/mo
5 yr avg 2.8%
All amounts are automatically recalculated when you tab out of a cell, or click the Calculate button.
The present value (PV) is the amount that would have to be invested at age 60, at the given rate of return, in order to provide the future cashflows shown below. In other words, receiving the present value at age 60 would be equivalent to receiving the CPP annual income amounts in future years.  A higher value is more beneficial.
Calculate the PV of cashflows up to & including age 
Using a rate of return of  %
Annual CPP Income Amounts Cumulative Amounts Starting at
60 CPP Retirement Calculator
Current year Monthly benefit at age 65
Annual benefit at age 65 Estimated annual indexation of CPP
Start at age
Start in year
Annual CPP Income Amounts Cumulative Amounts Starting at

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Revised: February 28, 2024

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