When I click on the estimated retirement pension calculator it tells me :
The maximum retirement pension monthly amount at age 65 for this year is: $1,114.17
If you were 65 today,you could receive a monthly retirement pension of: $983.15
Is this calculator just using the current amount of CPP I've payed for its calculations or it assuming that I will max out my contributions for another 18 years yet or is it including GIS or ??? If I didn't work another day for the next 18 years will I get that amount (inflation adjusted and assuming no other government CPP changes)?