What is the CPP Post-Retirement Benefit?

The CPP Post-Retirement Benefit, or PRB, is extra monthly income you can earn if you work while receiving your CPP retirement pension and continue making CPP contributions. It is added to your regular CPP payment and is paid for the rest of your life.

Each year you contribute can create a new PRB. Service Canada calculates it using your earnings and contributions from the previous year and your age when the new benefit starts. You do not normally have to apply; an eligible PRB is added automatically the following year. You can earn a PRB even if you already receive the maximum CPP retirement pension.

The contribution rules depend on your age:

• Under 65: If you work and receive CPP, contributions are generally required.
• Age 65 to 69: You can keep contributing to earn more PRBs, or choose to stop contributing.
• Age 70 or older: CPP contributions stop, even if you keep working.

If you are an employee age 65 to 69 and want to stop contributing, you generally use CRA Form CPT30. Different steps apply if you are self-employed. Quebec has separate QPP rules.

The amount is different for everyone. For 2026, the maximum new PRB at age 65 is $54.69 per month for one year of maximum contributions; lower earnings normally produce a smaller amount. Check the current PRB amounts and calculation before deciding whether continued contributions are worthwhile for you.