Download the Canada Pension Plan Book (PDF)





Normal Retirement Benefit

6.01 - The Normal Retirement Benefit for a Participant who retires on or after the Normal Retirement Date is an annual pension payable in the form pursuant to Section 7.04 in the amount of the Participant's Accrued Benefit. The Normal Retirement Benefit shall be paid at the time and in the manner specified in Section 7.01.

Notwithstanding the foregoing, the annual amount of a Participant's Normal Retirement Benefit shall not be less than the greatest amount of any Early Retirement Benefit to which such Participant would have been entitled if the Participant had retired at any time on or after such Participant's earliest Early Retirement Date.

A Participant who works beyond the Normal Retirement Date shall be subject to and notified in accordance with the provisions of Section 8.06.

A Participant who has a Spouse shall be entitled to the Supplemental Spouse Pension described in Section 6.03.