Already collecting CPP...

November 28, 2019

If you opted to collect a reduced Canada Pension Plan (CPP) pension, here are three things you need to know when you turn 65:

  1. Your bridge benefit ends the month after your 65th birthday and you’ll notice a decrease in your total pension income. Use the estimator below to get an idea of how much your bridge benefit currently is. Keep in mind the estimate doesn’t include future inflation increases.
  2. To see the exact current value of your bridge benefit, sign in to your online account. We also include it on your Retired Member Statement (you receive this each year in spring). 
  3. You’ll likely be eligible to collect Old Age Security (OAS), which should help to offset the decrease to your pension. 

Need more information? Explore You and CPP.

If you have questions about CPP or OAS, contact them directly.

Year(s) worked in teaching?
When did you retire?
Your bridge benefit amount, without inflation, is about


This calculator provides an estimate of your bridge benefit amount. This is not your final bridge benefit amount. Your final bridge benefit amount will include future inflation adjustments. This calculator assumes that you contributed to both CPP and Ontario Teachers’ while you worked. It does not take partial years or part-time employment into consideration. The formula used is:

CPP adjustment factor (0.45%) X Years of service in Ontario Teachers' during which you also contributed to CPP X Year's Maximum Pensionable Earnings average or best-five salary (if less) = CPP adjustment