CPP & OAS Timing Calculator
See how claiming CPP from age 60 to 70 changes your pension, plus the OAS deferral bonus.
CPP by start age
CPP can start any time from 60 to 70. Taking it early reduces it 0.6% per month before 65 (up to −36% at 60); delaying increases it 0.7% per month after 65 (up to +42% at 70). OAS starts at 65 and can be deferred to 70 for +0.6% per month (up to +36%). Estimates only — confirm with Service Canada (canada.ca).
CPP adjustment by start age
| Start age | Adjustment vs age 65 |
|---|---|
| 60 (earliest) | −36% |
| 62 | −21.6% |
| 65 (standard) | 0% |
| 68 | +25.2% |
| 70 (latest) | +42% |
OAS deferral
Old Age Security can be deferred from 65 to 70 at +0.6% per month, for up to +36% at age 70. Deferring can also reduce or avoid the OAS recovery tax (clawback) in years of higher income.
Estimates only. The best age to start depends on your health, other income, life expectancy and tax situation. Confirm details with Service Canada (canada.ca).
Frequently Asked Questions
- When can I start CPP?
- Any time between age 60 and 70. The standard age is 65. Starting earlier permanently lowers your monthly amount; starting later permanently raises it.
- How much is CPP reduced if I take it early?
- It is reduced by 0.6% for every month before age 65 — that is 7.2% per year, up to a maximum reduction of 36% if you start at exactly 60.
- How much more do I get if I delay CPP?
- CPP grows 0.7% for every month after age 65 — 8.4% per year, up to a maximum of 42% more if you start at 70. There is no benefit to delaying past 70.
- Can I delay Old Age Security (OAS)?
- Yes. OAS starts at 65 but can be deferred up to age 70, increasing 0.6% per month (7.2% per year) for a maximum of 36% more at 70.
- How do I get my CPP estimate?
- Log in to My Service Canada Account for your personalised CPP estimate at 65, then enter it here to see your monthly amount at any start age from 60 to 70.
📅 Last updated: June 2026 · Formulas follow standard banking / tax conventions · Results are for reference only.