One of my recent clients was planning to retire in December 2014, and she wanted to apply for her CPP to start the following month. She asked me to calculate what her CPP retirement pension would be effective January 2015, because she knew that the estimate on her statement of contributions (SOC) from Service Canada
I did some calculations for a client recently to help her decide when to take her Canada Pension Plan (CPP) retirement pension. She decided to take her pension now, but the amount showing in the letter she received from Service Canada wasn’t what she expected. Mary (not her real name) was born in July 1954.