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1 Nikolai is 7 4 years old and is only now about to retire. If the current maximum monthly CPP retirement benefit payable at age

1 Nikolai is 74 years old and is only now about to retire. If the current maximum monthly CPP retirement benefit payable at age 65 is $1,154.58 and Nikolai applies to receive his CPP pension this month, how much will Nikolai receive in monthly benefits?
a) $1,154.58
b) $1,570.23
c) $1,639.50
d) $2,027.44
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