CPP Retirement Pension Retroactivity — Recover Up to 12 Months of Missed Payments
What Is It?
CPP retirement benefits can be paid retroactively, but only within a limit. For many applicants, the maximum retroactivity is 12 months.
What Most People Don’t Know
- There is a hard cap.
- Retroactivity is different from choosing a late start date strategically.
- Waiting too long to apply can cost real money.