How Do You Find Rates for the Canadian Pension Plan?


Quick Answer

Monthly and maximum return rates for pensions and benefits for the Canada Pension Plan (CPP) can be found at ServiceCanada.gc.ca. The rates include individual and combined retirement pensions, disability benefits, and a one-time death benefit. The average monthly individual retirement pension available in January 2015 was $639.44.

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Full Answer

Eligible applicants in all Canadian provinces except for Quebec can apply for monthly retirement pensions if they are at least 60 years old. Quebec provides its own benefits through the Quebec Pension Plan. Multiple factors influence the CPP amount received, including the amount and duration of CPP payments before retirement and the age of the applicant. Using the Consumer Price Index, CPP rates are adjusted each January for inflation.

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