Question: 1 3 Art is applying for CPP ( Canada Pension Plan ) at his current age of 7 2 . He has contributed the full

13 Art is applying for CPP (Canada Pension Plan) at his current age of 72. He has contributed the full amount to CPP over his life-long career and would have qualified for $1078 per month at NRA (normal retirement age). Under the current CPP rules, an additional 0.7% per month is paid for retirement past NRA. How much (approximately) will he receive as a monthly CPP benefit having taken late retirement?
$1,028
$1,460
$1,531
$1,546
$0
 13 Art is applying for CPP (Canada Pension Plan) at his

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