CPP – Did you know you have options regarding when to take your CPP?

April 6, 2021

There are many factors that influence what your CPP payment will be including:

  • How old you are
  • How much per year and how many years you contributed
  • How much you earned on average during your working life

In 2021, the maximum monthly amount you can receive as a new recipient starting the pension at age 65 is $1,203.75.  As of October 2020, the average monthly CPP amount was $614.21.

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