Canada Pension Plan Payment Dates 2025
Your comprehensive guide to CPP payment schedules and important information
About CPP Payments
The Canada Pension Plan (CPP) is a crucial component of Canada's retirement income system. Payments are typically deposited directly into beneficiaries' bank accounts on specific dates each month. These payments help millions of Canadians maintain their quality of life during retirement.
CPP payments are made monthly and are typically deposited on the third-to-last banking day of each month. If the payment date falls on a weekend or holiday, the payment will be made on the previous business day.
2025 Payment Schedule
Eligibility Requirements
To be eligible for CPP retirement pension, you must:
- Be at least 60 years of age
- Have made at least one valid contribution to the CPP
- Submit an application for CPP retirement benefits
- Have contributed to the CPP for at least one year
Important Resources
Additional Information
The amount of your CPP retirement pension depends on how much and for how long you contributed to the CPP, and your age when you start receiving your pension. The standard age to start receiving CPP is 65, but you can:
- Start receiving it as early as age 60 (with a permanent reduction)
- Start receiving it after age 65 (with a permanent increase)
- Continue to work while receiving your CPP retirement pension
- Split your pension with your spouse or common-law partner