Roughly what will Ottawa pay you in retirement? Simplified estimates — Service Canada's calculators use your full earnings record.
| CPP retirement pension | $— |
| OAS pension | $— |
| OAS clawback (recovery tax) | — |
| Combined | $— |
| Combined annual | $— |
CPP: starts from the 2026 maximum of $1,507.65/month at 65, scaled by your earnings factor and the statutory age adjustments (−0.6%/month before 65, +0.7%/month after 65). OAS: starts from $742.31/month (65–74; $816.54 at 75+, Jan–Mar 2026), prorated by residence/40, plus 0.6%/month for deferral to 70. Clawback: 15% of net income above $95,323 is recovered from OAS.
What's missing: dropout provisions (child-rearing, disability, general 17% dropout), the CPP enhancement phase-in, post-retirement benefits, GIS, and spousal/survivor rules. For an exact number, use Service Canada's CPP estimator with your statement of contributions.
