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Looking for ball park info on CFSA pension reduction at 65 when member starts CPP and OAS.
Assume member has x dollars per month CFSA, roughly $20000 annual, after starting to receive CPP at age 65 plus OAS will there be a reduction in total dollars ? If an increase roughly how much?
My guess is CPP will compensate for CFSA reduction, add on OAS and you get annual income of approx. $25000?
Thoughts , experience?
Assume member has x dollars per month CFSA, roughly $20000 annual, after starting to receive CPP at age 65 plus OAS will there be a reduction in total dollars ? If an increase roughly how much?
My guess is CPP will compensate for CFSA reduction, add on OAS and you get annual income of approx. $25000?
Thoughts , experience?
