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The Canada Pension Plan (CPP) is a savings fund that provides its contributors and their families with partial replacement of earnings in the case of retirement, disability or death. Given here is an online Canada pension plan calculator that helps you to calculate your CPP retirement pension based on your contribution. CPP calculator is able to fetch you reliable results. User-friendliness is the notable advantage of Canadian retirement income calculator.

## CPP Calculator | Canadian Retirement Income Calculator

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The Canada Pension Plan (CPP) is a savings fund that provides its contributors and their families with partial replacement of earnings in the case of retirement, disability or death. Given here is an online Canada pension plan calculator that helps you to calculate your CPP retirement pension based on your contribution. CPP calculator is able to fetch you reliable results. User-friendliness is the notable advantage of Canadian retirement income calculator.

#### Formula:

E = (G - 3500) × (R / 100) S = (G - 3500) × (C / 100) Where, E = Contribution Amount for Employee, Employer S = Contribution Amount for Self-Employed G = Gross Revenue 2017 R = Contribution Rate Employee, Employer C = Contribution Rate Self-Employed

### Example:

Calculate the pension contribution as per Canada Pension Plan (CPP) with the Gross revenue 2017 of 30000 \$.

#### Solution:

E = (30000 - 3500) × (4.95 / 100)
= 1311.75 \$
S = (30000 - 3500) × (9.9 / 100)
=2623.50 \$