How much is CPP in 2026?
The maximum CPP retirement benefit at age 65 in 2026 is $1,364.60 per month. Most Canadians receive less depending on their contributions and years worked. You can increase your benefit by up to 42% by deferring to age 70.
CA · 2026 · FreeOAS + CPP Calculator Canada 2026
Model combined government pensions, the OAS recovery tax, and side-by-side CPP start ages with lifetime totals to 85.
2026 illustrative amounts — not your Service Canada or CRA statement. Clawback uses simplified net income.
For context only; benefit ages come from the sliders below.
6070
6570
Lifetime to age 85 assumes benefits from start age through 85. CPP/OAS comparison columns fix CPP at 60, 65, or 70 with your OAS slider and inputs.
CPP monthly (chosen start age)$1,224.64
OAS monthly (before clawback)$727.67
OAS clawback (monthly)$0.00
OAS monthly (after clawback)$727.67
Combined monthly (CPP + OAS after clawback)$1,952.31
Combined annual (CPP + OAS)$23,428
Lifetime estimate to age 85 (CPP + OAS)$468,554
Illustrative income tax (fed + prov, no CPP/EI)$6,368
On employment + other + CPP + OAS (after clawback), simplified credits.
After-tax retirement income (illustrative)$42,059
CPP vs OAS (monthly at chosen ages)
CPP $1,224.64OAS $727.67
CPP breakeven (lifetime to a given age)
Starting CPP at 70 beats starting at 65 around age 81.9 (cumulative CPP only, same contributions).
Starting at 65 beats starting at 60 around age 73.9.
Start CPP at 60 vs 65 vs 70
| Start at 60 | Start at 65 | Start at 70 | |
|---|---|---|---|
| CPP monthly | $783.77 | $1,224.64 | $1,738.99 |
| OAS monthly | $727.67 | $727.67 | $727.67 |
| Combined | $1,511.44 | $1,952.31 | $2,466.66 |
| Lifetime to 85 | $409,772 | $468,554 | $487,659 |
Disclaimer
Illustrative math only. Actual CPP depends on your statement of contributions; OAS depends on residency and deferral elections. Clawback uses a simplified income definition. Not from Service Canada or the CRA.
Frequently asked questions
How much is OAS in 2026?
The maximum OAS pension at age 65 in 2026 is $727.67 per month. You can defer OAS up to age 70 for a 36% increase. OAS is clawed back at 15 cents per dollar for income above $90,997.
What is the OAS clawback threshold for 2026?
In 2026, the OAS recovery tax (clawback) begins when your net income exceeds $90,997. For every dollar above this threshold, your OAS is reduced by 15 cents. OAS is fully eliminated at approximately $148,000 of net income.
Should I take CPP early at 60 or wait until 70?
Taking CPP at 60 reduces your benefit by 36% permanently. Taking it at 70 increases it by 42%. If you live past approximately age 74, delaying CPP to 65 pays more in total lifetime income than taking it at 60. Delaying to 70 breaks even around age 82–83.
Can I receive both CPP and OAS at the same time?
Yes. CPP and OAS are separate programs and can be received simultaneously. CPP is based on your contributions, while OAS is based on years of Canadian residency. Most retirees receive both.