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Canada Pension Plan Regulations (C.R.C., c. 385)

Regulations are current to 2026-09-21 and last amended on 2026-01-01. Previous Versions

 For the purposes of subsection 46(3.1) of the Act, the adjustment factor for a retirement pension that becomes payable in a month before the month in which the contributor reaches 65 years of age shall be determined by the formula

1 – (A × B)

where

A
is the number of months in the period beginning with the month in which the retirement pension becomes payable and ending with the month before the month in which the contributor reaches 65 years of age, or 60 months, whichever is less; and
B
is
  • (a) 0.0050, if the month in which the retirement pension becomes payable is after December 31, 2010 and before January 1, 2012,

  • (b) 0.0052, if the month in which the retirement pension becomes payable is after December 31, 2011 and before January 1, 2013,

  • (c) 0.0054, if the month in which the retirement pension becomes payable is after December 31, 2012 and before January 1, 2014,

  • (d) 0.0056, if the month in which the retirement pension becomes payable is after December 31, 2013 and before January 1, 2015,

  • (e) 0.0058, if the month in which the retirement pension becomes payable is after December 31, 2014 and before January 1, 2016, and

  • (f) 0.0060, if the month in which the retirement pension becomes payable is after December 31, 2015.

  • SOR/2010-300, s. 1

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