Information for Financial Planners

Do you know how to interpret the Canada Pension Plan Statement of Contributions?

The My Service Canada website lets contributors view estimates of their monthly Canada Pension Plan (CPP) retirement benefits at 60, 65, and 70. (To see the estimates, a user must register and then log in. After logging in, the information is available via links on the My Service Canada Account page. The screenshot below shows a sample of part of the Estimated Monthly CPP Benefits page.)

Screen shot of Estimated Monthly CPP Benefits page

DR Pensions Consulting specializes in providing accurate CPP retirement pension calculations based on your client's actual age and using any future earnings scenario(s) they want to investigate. We can also determine the impact of the child-rearing provision on a retirement pension calculation. Contact us today for accurate information.