The Canada Pension Plan payment is scheduled to be issued Wednesday, Jan. 29 — so if you’re entitled to receive it, the money should arrive in your bank account then. Other benefit payments to arrive next week include: Old Age Security, Ontario Disability Support Program and Veteran Disability Pension.
To be eligible for CPP, you must be at least 60 years old and have made at least one contribution to the plan. Contributions must have been made from work conducted in Canada, or as a result of credits from a former spouse or former common-law partner. The amount of your CPP retirement pension depends on different factors, such as: For 2025, the maximum monthly amount you could receive if you start your pension at age 65 is $1,364.
60. The average monthly amount paid for a new retirement pension (at age 65) in July 2024 was $815. Your situation will determine how much you’ll receive up to the maximum.
You can get an estimate of your monthly CPP retirement pension payments by signing in to your . Here’s what other federal and provincial benefits are paying out to people who are eligible for them this month. The pension is a monthly payment you can get if you are 65 and older.
In most cases, Service Canada will be able to automatically enrol you for the OAS pension if sufficient information is available. Service Canada will inform you if you have been automatically enrolled. The provides money to help you and your eligible family members with living expenses, including food, rent, health benefits, including prescription drugs and vision care and employment support to help you find and keep a job or advance your career.
If you are eligible for ODSP, the amount of money you get will depend on your specific situation. You could receive up to $1,368 a month for basic needs and shelter if you are single. Payments are on the last business day of each month.
December payments may be available earlier in the month. A through Veterans Affairs Canada is a tax-free, financial payment intended to support your well-being. The amount you receive depends on the degree to which your condition is related to your service (entitlement) and the severity of your condition, including its impact on your quality of life (assessment).
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ODSP, Canada Pension Plan and Old Age Security benefit payments come out soon. Here's when to expect your money and how much you could receive
Find out if you are eligible and how much to expect.