The Defined Benefit (DB) component of the Canada Post pension plan provides its members with a pension benefit based on a pre-determined formula.Password for pension calculator · Contact us · Forms · Pension payment dates
How much is the Canada Post pension?
The amount of the Post-Retirement Disability Benefit is the flat rate component of the disability pension. For the current year the amount is $524.64 (2022).
How do I calculate my pension amount?
A typical multiplier is 2%. So, if you work 30 years, and your final average salary is $75,000, then your pension would be 30 x 2% x $75,000 = $45,000 a year. That $45,000 becomes your guaranteed lifetime income.
How do I calculate my Canada Pension Plan?
The amount of Post Retirement Benefit that you will receive depends on your earnings and your age. If you are any age other than 65, PRB amounts are adjusted, in the same way as your regular CPP — reduced before 65 and increased past 65. Below age 65, both CPP and PRBs are reduced by a factor of 7.2 percent per year (.