If you’re a senior living in Canada, you could receive up to $1,700 per month in 2025 through a combination of the Canada Pension Plan (CPP) and Old Age Security (OAS).
These federal programs offer essential retirement income, and the amounts have been adjusted for inflation to support rising living costs.
This guide covers eligibility, how to apply, how much you can get, and the payment dates you should mark on your calendar.
CPP and OAS 2025: Quick Overview
| Feature | Details |
|---|---|
| Max CPP (Age 65) | $1,433.00/month |
| Avg CPP (Age 65) | $899.67/month |
| Max OAS (Ages 65–74) | $727.67/month |
| Max OAS (75+) | $800.44/month |
| Max Combined Total | Up to $2,233.44/month |
| Eligibility Age | CPP: 60+; OAS: 65+ |
| CPP Application | Required |
| OAS Application | May be automatic |
| 2025 Payment Dates | Monthly (see below) |
What Is the Canada Pension Plan (CPP)?
The Canada Pension Plan is a contributory retirement benefit. Canadians contribute to CPP during their working years through payroll deductions or self-employment tax payments.
When you retire, you receive a monthly income based on your contribution history and the age you start taking benefits.
CPP Eligibility in 2025
To qualify for CPP, you must:
- Be at least 60 years old
- Have made at least one valid contribution to the plan
Payment Breakdown:
- Maximum payment at age 65: $1,433.00/month
- Average payment at age 65: $899.67/month
- Increased payment if delayed beyond 65: Up to 8.4% more per year
You can choose to receive CPP anytime between age 60 and 70, but delaying increases your monthly amount.
What Is Old Age Security (OAS)?
Old Age Security is a non-contributory benefit funded through general tax revenue. It’s designed to support seniors who’ve lived in Canada for at least 10 years after age 18.
OAS Eligibility in 2025
You’re eligible for OAS if:
- You are 65 or older
- You have lived in Canada for 10+ years (or qualify under international agreements)
- You are a Canadian citizen or legal resident
OAS Monthly Amounts in 2025:
- Ages 65–74: Up to $727.67/month
- Ages 75+: Up to $800.44/month
Payments are adjusted quarterly for inflation.
Note: If your income exceeds $90,997, your OAS may be clawed back.
CPP & OAS 2025 Payment Dates
Here are the official monthly payment dates for both CPP and OAS in 2025:
- January 29
- February 26
- March 27
- April 28
- May 28
- June 26
- July 29
- August 27
- September 25
- October 29
- November 26
- December 22
Make sure your banking information is up to date in your My Service Canada Account to receive payments without delay.
How to Apply for CPP and OAS
CPP Application (Mandatory)
- Online via My Service Canada Account
- By mail using the CPP application form
- When to apply: At least 6 months before your desired start date
OAS Application (May Be Automatic)
- Check your My Service Canada Account
- If not automatically enrolled:
- Apply online or by mail
- Do this 6 months before your 65th birthday
Taxes and Extra Support
Both CPP and OAS are taxable income. You’ll receive:
- T4A(P) for CPP
- T4A(OAS) for OAS
Include these when filing your tax return.
Other Available Supports:
- Guaranteed Income Supplement (GIS): For low-income seniors already receiving OAS
- Allowance: For partners (60–64) of GIS recipients
- Allowance for the Survivor: For widowed individuals aged 60–64
In 2025, Canadian seniors could receive up to $1,700 or more per month from CPP and OAS combined, offering much-needed financial support during retirement.
Whether you’re nearing retirement or already eligible, it’s crucial to understand the process, check your eligibility, and apply on time to secure your payments.
Stay informed, update your details on My Service Canada Account, and take full advantage of these essential government pension programs.
FAQs
How much CPP will I receive at age 65?
Up to $1,433.00/month, depending on your contribution history.
When will I receive OAS in 2025?
Payments are made monthly; key dates include the last week of each month (see full schedule above).
Do I need to apply for CPP?
Yes, CPP is not automatic—you must apply through Service Canada.