How to Calculate CPP Retirement


The Canada Pension Plan is a retirement savings system that all Canadian workers must contribute to -- with the exception of workers in Quebec, who contribute to the Quebec Pension Plan. The amount you receive from the CPP depends on the age at which you begin collecting and the amount that you have contributed. You can calculate your CPP retirement income using the Canadian retirement income calculator provided by Service Canada.

  • Obtain your CPP statement of contributions. You can view this by visiting your My Service Canada account.

  • Go to the Service Canada online retirement income calculator.

  • Read the introduction and when you are ready to proceed, click "next."

  • Fill in your date of birth and your gender. Click "next."

  • Provide the information requested regarding the Old Age Security Program and proceed until you reach the Canada Pension Plan section.

  • Respond yes to the question "Do you have a CPP Statement of Contributions that states your retirement pension estimate?" If you do not have your CPP statement of contributions, you will not be able to proceed.

  • Enter the date of your CPP statement of contributions.

  • Enter your CPP retirement pension estimate for when you are 65, as listed on your CPP statement of contributions and press the "next" button.

  • Select the age at which you plan to start receiving your CPP benefits from the drop down menu. Click the "next" button. You will now be provided with a monthly and annual estimate of your CPP retirement pension.

Related Searches


  • Photo Credit Jupiterimages/BananaStock/Getty Images
Promoted By Zergnet



You May Also Like

  • How to Calculate Retirement Income

    How much you will need for retirement will depend upon, among other things, what kind of lifestyle you want to have when...

  • How to Calculate Cerebral Perfusion Pressure

    The cerebral perfusion pressure (CPP) is an essential measure of how well a patient is doing in many situations, such as when...

  • How to Calculate CPP

    The Canada Pension Plan, or CPP, is a plan that workers contribute to while employed and receive benefits from when they retire...

  • How to Access Shaw Email

    You can use almost any computer or mobile device to access your Shaw email, provided you take a few moments to set...

  • Retirement Calculator Tools

    Saving for retirement can be a challenge, but having the right tools at your disposal can make it a lot easier. Retirement...

  • Canadian Old Age Pension Benefits

    When planning for old age, you must weigh all options to safeguard your future and that of your loved ones. Canadian old...

Related Searches

Check It Out

4 Credit Myths That Are Absolutely False

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!