How Much Is Pension in Canada?

How much pension you receive in Canada depends on which retirement benefits you qualify for.

In 2026, the average CPP retirement pension for a new recipient at age 65 is $877.01 per month. The maximum CPP payment at age 65 is $1,507.65 per month. Eligible seniors may also receive OAS on top of their CPP.

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How Much Is CPP Per Month in Canada?

The average CPP retirement pension for new beneficiaries at age 65 is $877.01 per month in 2026.

The maximum CPP retirement pension at age 65 is $1,507.65 per month. Most Canadians receive less than the maximum.

Your CPP amount depends on:

• How much you contributed

• How long you contributed

• Your earnings while working

• The age you start receiving CPP

You can start CPP as early as age 60. You can also delay it until age 70.

How Much Is OAS Per Month?

Old Age Security is separate from CPP.

From July to September 2026, the maximum OAS payment is $751.97 per month for people aged 65 to 74. The maximum increases to $827.17 per month for people aged 75 and older.

Your OAS amount depends on how long you have lived in Canada after age 18. Your income can also affect how much you keep.

How Much Can You Get From CPP and OAS Together?

Someone receiving the maximum CPP and full OAS at age 65 could receive about $2,259.62 per month in 2026.

Most retirees will receive a different amount.

Someone receiving the average new CPP payment of $877.01 and the maximum OAS payment of $751.97 would receive about $1,628.98 per month from the two programs combined.

Can You Get More Pension If You Have a Low Income?

Some lower income seniors may also qualify for the Guaranteed Income Supplement (GIS).

From July to September 2026, a single, widowed or divorced senior who qualifies can receive up to $1,123.17 per month in GIS. The amount depends on income.

GIS is paid in addition to OAS.

Is CPP the Only Pension You Can Receive?

No.

Your retirement income may come from several places:

• CPP or QPP

• OAS

• GIS

• A workplace pension

• RRSP withdrawals

• TFSA savings

• Other investments or savings

If you worked in Quebec, you may receive the Quebec Pension Plan (QPP) instead of CPP.

How Do You Know How Much Pension You Will Get?

Your CPP amount is personal to you.

You can check your estimated CPP retirement pension through My Service Canada Account. Your estimate will be based on your actual contribution history.

You should also look at any workplace pension you expect to receive.

There is no single pension amount that every Canadian receives. CPP and OAS provide a foundation. Your total retirement income depends on your work history and the other retirement savings you have built.