The Canadian Pension Plan is a monthly retirement pension that substitutes part of your income once retired. You can qualify by being at least 60 years old and have made at least one contribution to the CPP that is valid, then you will be able to receive CPP for the remainder of your life.
The amount you receive varies from senior to senior as it is determined on your average earnings gained throughout your working life, the contributions made to the CPP and the age you began contributing to it. On an average, seniors start receiving their pension around 65. However, some start receiving it as early as the age of 60.