Question: Martin has decided to begin his Canada Pension Plan (CPP) retirement pension three years early. His pension will begin when he turns 62. Martin is

Martin has decided to begin his Canada Pension Plan (CPP) retirement pension three years early. His pension will begin when he turns 62. Martin is eligible for the maximum pension. If he had waited until age 65 to begin receiving his CPP retirement pension, he would have been eligible for a monthly benefit of $908.75. Calculate Martin's "early" CPP retirement pension. $712.46 $545.25 $908.75 $196.29

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