As retirement approaches, there is the consideration of when to take your CPP, below you will find the links to the Canada Pension Plan (CPP) that will hopefully help you with your decision.

(from the CPP webpage)

Canada Pension Plan

The Canada Pension Plan (CPP) retirement pension is a monthly, taxable benefit that replaces part of your income when you retire. If you qualify, you’ll receive the CPP retirement pension for the rest of your life. To qualify you must:

  • be at least 60 years old
  • have made at least one valid contribution to the CPP

Valid contributions can be either from work you did in Canada or as the result of receiving credits from a former spouse or former common-law partner at the end of the relationship.

You must apply

CPP payments are not automatic. You must apply. You should apply in advance of when you want your pension to start.

Our goal is to pay your CPP retirement pension in the month of the start date you choose.

Go to the Canada Pension Plan Webpage.

CPP Application

CRA-CPP-Application

Fill out and print from the CPP website – CPP Application online

CPP Document — is it time to apply.

CRA-CPP-Document-2022

(March 31, 2023)