Canada pension calculator CPP and OAS 2026
Estimate your CPP and OAS at any start age, after tax, and see how much more you need to save.
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Popular questions
How much will my pension be in Canada?
Enter your age, your contribution years and your salary in the calculator above. For example, a 40 year old earning 69,881 CAD per year who keeps working until 65 can expect about 2,361 CAD net per month in today's money.
At what age can I retire in Canada?
For someone aged 40 today the statutory retirement age is 65. Retiring earlier usually reduces the pension, and working longer increases it.
How is the state pension calculated in Canada?
CPP can start from 60 to 70: minus 0.6% per month before 65, plus 0.7% per month after. Maximum CPP at 65 in 2026: 1,507.65 CAD per month. Earnings count up to 74,600 CAD (YMPE) and 85,000 CAD (YAMPE). OAS: 762.50 CAD per month at 65 to 74 with 40 years of residence, deferral adds 0.6% per month. Both are taxable. OAS is clawed back at 15% of income above about 95,000 CAD.
How much should I save for retirement in Canada?
With a salary of 69,881 CAD per year, the estimated pension covers about 42.0% of your gross salary. To reach 70% you would need to save about 665 CAD per month, assuming a 3% real return.
How the pension is calculated in Canada
Canadian public retirement income has two main parts: the Canada Pension Plan (CPP), which depends on your earnings and contribution years, and Old Age Security (OAS), which depends on how long you have lived in Canada after 18. The CPP enhancement since 2019 slowly raises the replacement rate from 25% to 33% of earnings.
- CPP can start from 60 to 70: minus 0.6% per month before 65, plus 0.7% per month after.
- Maximum CPP at 65 in 2026: 1,507.65 CAD per month. Earnings count up to 74,600 CAD (YMPE) and 85,000 CAD (YAMPE).
- OAS: 762.50 CAD per month at 65 to 74 with 40 years of residence, deferral adds 0.6% per month.
- Both are taxable. OAS is clawed back at 15% of income above about 95,000 CAD.
Examples for 2026
Person aged 40 with 15 years of contributions, retiring at the statutory age, amounts per month in today's money.
| Gross salary | Gross pension | Net pension | Share of salary |
|---|---|---|---|
| 50,000 CAD | 1,968 CAD | 1,950 CAD | 47.2% |
| 69,881 CAD | 2,447 CAD | 2,361 CAD | 42.0% |
| 100,000 CAD | 2,755 CAD | 2,611 CAD | 33.1% |
Minimum pension and retirement age
The average new CPP retirement pension at 65 was 858.34 CAD per month in July 2026. Low-income seniors can also get the Guaranteed Income Supplement, up to 1,138.90 CAD per month for a single person.
Frequently asked questions
What is the minimum pension in Canada?
The average new CPP retirement pension at 65 was 858.34 CAD per month in July 2026. Low-income seniors can also get the Guaranteed Income Supplement, up to 1,138.90 CAD per month for a single person.
What does the calculator not include?
Exact contribution history and drop-outs, the Quebec Pension Plan, GIS, provincial tax outside Ontario and RRSP or workplace pensions are not included.
Is this an official pension calculation?
No. It is an informational estimate based on 2026 rules published by the official sources listed on this page. For your exact entitlement, check your personal pension statement or ask the pension authority.
Sources and disclaimer
These results are an informational estimate in today's money. We use the 2026 rules and amounts published by the institutions below and check them when the rules change. Real pensions depend on your full insurance record. Exact contribution history and drop-outs, the Quebec Pension Plan, GIS, provincial tax outside Ontario and RRSP or workplace pensions are not included.