Published amounts, 2026. The maximum CPP retirement pension at age 65 is $1,507.65 per month for benefits beginning in January 2026. The average CPP retirement pension at age 65 is $858.34 per month for new beneficiaries (July 2026). These are the figures this estimator starts from, and they are not guaranteed — Service Canada says your actual pension may be different depending on your contribution history and when you start collecting.
Years contributed. This estimator scales the age-65 amount by your years contributed divided by 39, capped at 39 years. That is a simplifying assumption of this estimator, not a Service Canada formula: Service Canada excludes up to 8 of your lowest-earning years when calculating the base component and uses your best 40 years for the enhanced component, and the maximum needs roughly 39 years at or above the year's maximum pensionable earnings. If you contributed fewer years, or at lower earnings, your pension is lower; the estimator's straight-line scaling is only a rough guide.
Age adjustment. Starting before age 65 reduces the pension by 0.6% per month (7.2% per year), up to a maximum reduction of 36% at age 60. Starting after age 65 increases it by 0.7% per month (8.4% per year), up to 42% at age 70. The adjustment is permanent and applies to the amount you would have received at 65.
The CPP enhancement. Since 2019 the CPP has been enhanced: the base component is based on a 9.9% contribution rate and the enhanced component on an 11.9% contribution rate, and the enhancement gradually raises the replacement rate from 25% to 33% of average working income. The published maximums already reflect the enhancement. CPP benefits are adjusted every January for inflation.
2027 amounts are pending. Service Canada had not published the 2027 CPP maximum and average amounts when this page was built on November 7, 2026. This estimator uses the verified 2026 figures and labels them with their year. Recheck the CPP payment amounts page in January 2027 for the 2027 figures.
What this estimator leaves out. Your actual earnings in each year relative to that year's maximum pensionable earnings; child-rearing provisions; periods of disability; pension sharing with a spouse or common-law partner; credit splitting after divorce or separation; contributions after age 65; and post-retirement benefits if you keep working while collecting CPP. Quebec residents are covered by the Quebec Pension Plan (QPP), not the CPP — the amounts are similar but the QPP has its own rules.
Sources: Service Canada, How much you could receive (maximum $1,507.65 at age 65, January 2026; average $858.34, July 2026; 8-year drop-out; best 40 years for the enhanced component; enhancement contribution rates) and When to start your retirement pension (0.6% reduction per month before 65, 0.7% increase per month after 65, caps of 36% and 42%, no benefit past age 70) — both opened at build time on November 7, 2026. No figure on this page comes from anywhere else. Where a figure could not be verified on an opened official page, this page says to check the official page instead of stating it.