Canada Pension Plan – How much could you receive

The amount of your Canada Pension Plan (CPP) retirement pension is based on how much you have contributed and how long you have been making contributions to the CPP at the time you become eligible. Read more about CPP retirement pension amounts.
A certain number of your months with lowest earnings may be automatically dropped from the CPP retirement pension calculation under the general drop-out provision. This may help increase the amount you will receive.

You can also request the child-rearing provision which may increase your retirement pension amount if you had zero or low earnings because you were the primary caregiver raising your children.Credit splitting may affect the amount of the CPP retirement pension for both you and your former spouse or common-law partner.If the cost of living goes up, so does the amount of your CPP benefits. Your monthly benefits are adjusted every year in January based on the Consumer Price Index.