48. 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