How much does a couple make on CPP Old Age Income in Canada?

Question

I am wondering how much two retired people will make (both 65+) in Canada if they have no savings, no RRSP's etc. Assume one worked full time- the other part -time over the years.

Ballpark monthly figures would be great!

Thanks!

? · Accepted Answer

It's impossible to give you a figure as the person who worked full-time over the years will have contributed to CPP. It's mandatory. So their pension will be higher. depending on income while working, years worked, etc. But a basic pension is somewhere around $900.00 per month.
You can find more info at
www.canada.gc.ca
go to a-z search "p" and under pensions it has lots of information,

How much does a couple make on CPP Old Age Income in Canada?

1 Answer