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Canadian CPP & OAS Pension Calculator

Estimate your CPP and OAS benefits with our transparent Canadian pension modeler. Factor in the latest 2026 enhancements and age adjustments.

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Estimated lifetime average (in today's dollars)

35 Years
40 Years
65

No reduction or increase

TOTAL MONTHLY PENSION
$2,153 $25,836 Per Year
EST. MONTHLY CPP
$1,410 Based on 35 years
EST. MONTHLY OAS
$743 Standard Benefit
payments

Current Annual Burden (2026)

Base CPP Contribution 5.95% up to $74,600
$4,230
CPP2 Enhancement 4% on earnings $74k–$85k
$16
Est. Income Tax Federal + Provincial Average
$14,200
Net Take-Home
$56,554 Annual After-Tax

Retirement Insights

trending_up The Delay Advantage

By delaying your CPP from 65 to 70, your monthly payout increases from $1,410 to $2,002. A guaranteed 42% lifetime increase.

warning OAS Clawback Alert

Your current income is below the $93,000 threshold. No OAS recovery tax is expected.

Lifetime Benefit Value

Assuming a 25-year retirement (age 65 to 90), your total government benefits would be worth approximately:

$645,900

Inflation-indexed & Guaranteed for life

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info

Calculation Methodology

Estimates are for the 2026 tax year. CPP projections include Base CPP (25% replacement) and 8 years of Tier 1 Enhancement (partial replacement). OAS assumes current 2026 maximums adjusted for ages 65-74 vs 75+. Income tax is a generalized Canadian average (2026 brackets estimated) and does not include specific credits, deductions, or RRSP offsets.

OAS Max (65-74) $743.05
CPP YMPE $74,600
CPP YAMPE $85,000