you will never get less money (even if you’re an early retiree) by deferring your CPP. The reason is that your CPP defer increase of 8.4% + inflation will always be worth more than incorporating one more “zero contribution” year into your personal CPP calculation. ...
In December 2022, the Office of the Chief Actuary reaffirmed that each part of the CPP remains sustainable at the legislated contribution rates throughout the 75-year period (i.e., until 2100), based on actuarially accepted assumptions. This is the minimum review period as set out in CPP ...
you will never get less money (even if you’re an early retiree) by deferring your CPP. The reason is that your CPP defer increase of 8.4% + inflation will always be worth more than incorporating one more “zero contribution” year into your personal CPP calculation. ...