Reference table
CPP at 60 vs 65 vs 70 (2026 amounts)
Reviewed by The Retirement Beast editorial team · figures verified against CRA / Service Canada · Updated
The exact monthly CPP retirement pension at every start age from 60 to 70, for both the average new beneficiary and the 2026 maximum. The adjustment is permanent — this table shows what each year of waiting is worth.
Run your own CPP numbersQuick answer
Every month before 65 costs 0.6% (−36% at 60); every month after adds 0.7% (+42% at 70). In 2026 dollars, the maximum pension ranges from $965 at 60 to $2,141 at 70 — a spread of $1,176 per month for the same contribution history.
Monthly CPP by start age (2026)
| Start age | Adjustment | Average monthly | Maximum monthly | Maximum annual |
|---|---|---|---|---|
| 60 | -36.0% | $592 | $965 | $11,579 |
| 61 | -28.8% | $659 | $1,073 | $12,881 |
| 62 | -21.6% | $725 | $1,182 | $14,184 |
| 63 | -14.4% | $792 | $1,291 | $15,487 |
| 64 | -7.2% | $859 | $1,399 | $16,789 |
| 65 | 0.0% | $925 | $1,508 | $18,092 |
| 66 | +8.4% | $1,003 | $1,634 | $19,612 |
| 67 | +16.8% | $1,081 | $1,761 | $21,131 |
| 68 | +25.2% | $1,159 | $1,888 | $22,651 |
| 69 | +33.6% | $1,236 | $2,014 | $24,171 |
| 70 | +42.0% | $1,314 | $2,141 | $25,690 |
Average = Service Canada's average for new beneficiaries at 65 ($925), scaled by the official adjustment factors. Your own base amount comes from your Service Canada statement. Verified 2026-07-15.
How to read this table
The adjustment applies to your age-65 entitlement, not the maximum — most people receive well below the maximum because of years with low or no contributions. Find your estimate on your Service Canada statement, then scale it by the adjustment column, or let the CPP/OAS calculator do it and show break-even ages. For the full decision framework — taxes, GIS, OAS clawback, survivor benefits — see when to take CPP.
Frequently asked questions
How much is CPP at 60 in 2026?
Starting at 60 permanently reduces CPP by 36%. The 2026 maximum becomes $965 per month (vs $1,508 at 65), and the average new pension becomes about $592 per month.
How much more is CPP at 70?
Waiting until 70 permanently increases CPP by 42%. The 2026 maximum becomes $2,141 per month and the average about $1,314 — versus $1,508 and $925 at 65.
How is the CPP adjustment calculated?
CPP is reduced 0.6% for every month you start before 65 (maximum −36% at 60) and increased 0.7% for every month after 65 (maximum +42% at 70). The adjustment is permanent and applies to your age-65 entitlement.
Should I take CPP at 60 or 70?
It depends on health, other income, taxes, and whether you're still working. Break-even between 60 and 65 typically lands in your mid-to-late 70s. Taking it early can also matter for GIS eligibility, while deferring raises income that counts toward OAS clawback.
Educational only — not financial advice. Amounts verified against Service Canada on 2026-07-15; your actual pension depends on your contribution history.