Stay Employed and Boost Your Pension: Working While Receiving CPP

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Hey Hustlers! Are you wondering what happens if you keep working while receiving CPP? Whether you’re nearing retirement or already enjoying your pension, understanding the implications of continuing to work can make a significant difference to your financial health. Let’s dive into the details with HustleHub and explore the ins and outs of working while receiving CPP.

Older professional working at desk with laptop and financial documents in bright office.
Professional continuing to work while receiving CPP benefits.


  • CPP Contributions: Mandatory for most Canadian workers, ensuring retirement income.
  • Continuing Work: You can still contribute to CPP, enhancing your pension.
  • Benefits: Additional income and increased retirement security through Post-Retirement Benefits (PRB).

What are CPP Contributions?

The Canada Pension Plan (CPP) is a cornerstone of retirement planning for Canadians. Contributions to the CPP are mandatory for most workers in Canada and are shared between employees and employers. These contributions help fund retirement pensions, as well as other benefits like disability, survivor, and death benefits.

CPP Contribution Rates (2024)Employee ContributionEmployer Contribution
Contribution Rate5.95%5.95%
Maximum Annual Earnings$66,600$66,600
Maximum Contribution$3,166.45$3,166.45

What Happens If You Keep Working While Getting CPP?

Continuing to work while receiving CPP retirement pension is not only possible but also beneficial. If you choose to keep working, you can still contribute to the CPP. These contributions will count towards the Post-Retirement Benefit (PRB), which increases your retirement income.

The PRB is a monthly benefit that is added to your CPP retirement pension. It is available from age 60 to 70, and the amount depends on your contributions and the number of months you contributed after starting your CPP retirement pension.

AgePost-Retirement Benefit (PRB)
60-65Increase in monthly CPP pension
65-70Further increase in CPP pension

Benefits of Working While Receiving CPP

  1. Additional Income: Continuing to work while receiving CPP provides extra income, which can help cover living expenses, pay off debts, or allow for more leisure activities.
  2. Increased Retirement Security: By contributing to the CPP while working, you can enhance your overall pension benefits through the PRB, increasing your financial security in retirement.
  3. Flexibility: You can choose to work part-time or full-time, depending on your personal and financial needs, providing a balance between work and leisure.


1. Can I still receive my CPP pension if I continue working?

Yes, you can continue to receive your CPP pension while working. Your contributions will go towards the PRB, enhancing your pension benefits.

2. Do I have to contribute to CPP if I keep working?

Yes, if you are under 70 and working while receiving CPP, contributions are mandatory and will count towards the PRB.

3. How is the Post-Retirement Benefit calculated?

The PRB is calculated based on your additional contributions after starting your CPP pension and the number of months you contributed.

4. Is there a limit to how much I can earn while receiving CPP?

No, there is no limit to how much you can earn while receiving CPP. Your earnings will not affect your CPP pension amount.

5. Can I stop contributing to CPP if I turn 65?

At age 65, you can choose to stop contributing to CPP by completing the CPT30 form and submitting it to your employer and the Canada Revenue Agency.

6. Will working while receiving CPP affect my Old Age Security (OAS)?

Your CPP income does not directly affect your OAS benefits, but high overall income may trigger the OAS clawback.

7. Where can I find more information about CPP and PRB?

You can find detailed information on the Government of Canada website.


Working while receiving CPP can be a smart financial move, offering the benefits of additional income and increased retirement security. By contributing to the CPP while working, you enhance your pension benefits through the PRB, ensuring a more comfortable retirement. Keep hustling, and make informed decisions with HustleHub by your side.

For more details and resources, visit HustleHub.

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