Canada’s primary retirement pension, the CPP, takes a different approach from some European plans. European retirement pensions, especially those in countries using pay-as-you-go systems, such as Germany, France, Italy and Spain, are facing similar demographic challenges. This has some people wondering whether the Canada Pension Plan (CPP) will be there when they retire. Although it may be politically unpopular amongst younger voters to push back the retirement age, there is some merit for the approach. The maximum CPP retirement pension in 2025 ranges from $11,005 at age 60 to $24,418 at age 70.