Gary was born on January 1st, He celebrated his 65th birthday this year. He was born in Israel, but he immigrated to Canada with his family when he has 12 years old. After ten full years of residency in this country he moved back to Israel when he was 22 years of age only to return to Canada and settle here permanently at age of 37. Upon hi return to Canada Gary Began Cygnus Corporation as a Service Technician, where he Worked for 12 years. After leaving Cygnus Corporation, he was hired by Dreamline Enterprises where he was employed for nine years. Gary Retired at the age of 58 and has been enjoying his time at home for the past seven years. Nancy was also born on January 1st; she is 60 years old. She has lived in Canada her entire life. Due to working on her PhD. Nancy entered the workplace at a relatively late age, she began working for the federal government at age of 34. She completed 26 years of service before officially retiring effective today's date. Canada Pension Plan and Old Age Security Gary's contributions to the cpp started upon his return to Canada from Israel t age 37. Nancy made her first contribution to the cpp once she was hired by the federal government at age 34. Neither Gary nor Nancy has had any interruptions during their cpp contributory period. Gary started receiving his CPP retirement pension when he was 63 years old and 6 months old. Gary will receive his first OAS benefit payment effective this month. Nancy will wait until age 65 before collecting her CPP retirement benefits. At that time, she will be eligible for the maximum pension payable. Also, when her CPP payments commence, based on an assignment ratio of $69.23 , the portion of her CPP benefits that will be assignable will be $799.32; the portion of her CPP benefits that will be assignable will be $355,26. Question: In 5 years when Nancy starts collecting her CPP retirement benefits, Gary and Nancy will also apply to assign their CPP payments. Following the assignment, how much of a CPP benefit will Gary receive ( Assume Garys CPP benefits were calculate bases on the old rules for early take up: 0.5% for each month prior to standard age)