Canada Pension Plan - Payment Amounts
January - December 2013
Canada Pension Plan (CPP) amounts are adjusted every January if there are increases in the cost of living as measured by the Consumer Price Index (CPI). The table below lists the maximum and average monthly amounts for CPP benefits, except for the death benefit which is a one-time payment.
|Type of benefit|| Average benefit
| Maximum amount
|Retirement (at age 65)||$534.65||$1,012.50|
|Post Retirement Footnote 1||$25.31|
|Survivor – younger than 65||$383.17||$556.64|
|Survivor – 65 and older||$312.23||$607.50|
|Children of disabled contributors||$228.66||$228.66|
|Children of deceased contributors||$228.66||$228.66|
|Death (maximum one-time payment)||$2,280.52||$2,500.00|
|Survivor/retirement (retirement at 65)||$736.40||$1,012.50|
- Footnote 1
If you are under the age of 70 and working outside of Québec while receiving your CPP or QPP retirement pension, you can make CPP contributions towards the Post-Retirement Benefit (PRB), a fully indexed lifetime benefit that increases your retirement income. Contributions are mandatory for working retirement pension recipients under age 65, while those aged 65 or above may elect to not to contribute. If you made CPP contributions toward the PRB in 2012, the PRB will be paid to you the following year, starting in 2013. More information is available on the Changes to the Canada Pension Plan page of our Web site.
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