Canadian Tax and
Financial Information
CPP Retirement Pension Calculator

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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   2017 1.4%  
The average indexation factor for 2012 to 2017 is 1.70%.   2016 1.2%  
Start at age   2015 1.8%  
Start in year   2014 0.9%  
% reduction/mo   2013 1.8%  
% increase/mo   2012 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  

Questions or comments on the CPP Retirement Pension Calculator? 
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Revised: September 19, 2017

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