CPP Payment Dates 2025: Increase & Amount

CPP Payment Dates

If you’re planning your retirement or relying on Canada Pension Plan benefits, it’s essential to know the CPP payment dates 2025, how much you can expect, how early retirement affects your CPP, and what the CPP increase 2025 means for you. This complete guide will also cover the CPP payment dates 2024 recap, disability CPP payments, and how to estimate your Canada Pension Plan benefits accurately.

CPP Payment Dates 2025

Here are the confirmed CPP payment dates 2025, as announced by the Government of Canada. These apply to both regular Canada Pension Plan and CPP disability benefits:

  • January 29, 2025
  • February 26, 2025
  • March 27, 2025
  • April 28, 2025
  • May 29, 2025
  • June 26, 2025
  • July 29, 2025
  • August 27, 2025
  • September 25, 2025
  • October 29, 2025
  • November 26, 2025
  • December 22, 2025

These CPP payment dates 2025 also apply to CPP disability payment recipients, survivors, and children’s benefit recipients.

Recap – CPP Payment Dates 2024

For comparison, here were the CPP payment dates 2024:

  • January 26
  • February 23
  • March 29
  • April 26
  • May 28
  • June 28
  • July 26
  • August 30
  • September 27
  • October 25
  • November 29
  • December 24

The dates are consistent year to year—usually the last week of the month, with December arriving early due to the holidays.

CPP Payment Increase 2025: How Much More Will You Get?

As part of the CPP enhancement, the CPP increase 2025 continues to raise the maximum pensionable earnings. In 2025:

  • The maximum pensionable earnings under CPP is $73,200 (up from $66,600 in 2023).
  • The Year’s Additional Maximum Pensionable Earnings (YAMPE) is $88,800 for workers contributing to the second CPP tier.

This means higher-income earners contribute more but also qualify for larger future CPP payments. The CPP payment increase 2025 helps improve retirement income for Canadians in the long term.

Maximum CPP Benefit 2025

The maximum monthly CPP retirement pension at age 65 in 2025 is estimated to be:

  • $1,433.00 per month
  • That equals $17,196 per year

However, most Canadians receive less than the maximum. The average CPP monthly payment for new beneficiaries is approximately $899.67 as of early 2025.

If you qualify for CPP disability payments, the maximum monthly amount in 2025 is about:

  • $1,673.24 per month, depending on your contributions

CPP at 60 vs 65: What’s the Right Age to Apply?

Choosing when to start receiving Canada Pension Plan payments is crucial:

  • CPP at 60: You can begin early but receive 36% less than the full amount (reduction of 0.6% per month before age 65)
  • CPP at 65: Full benefit with no reductions or increases
  • CPP at 70: You can delay and increase your payment by up to 42% (0.7% extra for each month you delay past 65)

Starting CPP at 60 gives you more years of payments but at a lower monthly amount. Waiting until age 65 or 70 increases the size of each cheque.

Canada Pension Plan Estimate: How to Calculate Your CPP

You can estimate your Canada Pension Plan benefits using your My Service Canada Account (MSCA). The estimate is based on:

  • Your work history and contributions
  • Your average earnings
  • The age you choose to begin receiving CPP

Use the Canada Pension Plan estimate tool online to get a personalized forecast.

CPP Disability Benefits: Payment Dates, Amounts, Drug Benefits, Forms & How to Qualify

If you’re living with a severe and prolonged disability, the Canada Pension Plan Disability (CPP-D) program provides essential financial support. In 2025, CPP disability payments continue to offer monthly income, medical coverage benefits, and access to additional provincial supports.

CPP Disability Payment Dates 2025

If approved, your CPP disability payments are made monthly, on the same schedule as regular CPP benefits.

CPP Disability Payments 2025: How Much Will You Receive?

Your monthly CPP disability payment includes a flat rate plus an amount based on your past earnings and contributions.

  • Flat rate (2025 estimate): $598.49/month
  • Maximum total monthly CPP disability payment: $1,673.24/month (as of early 2025)

Actual amounts vary depending on your contributions to the Canada Pension Plan. You can log into your My Service Canada Account to see your personal estimate.

If you are approved for the CPP Post-Retirement Disability Benefit, the maximum is approximately $598.49/month.

CPP Disability Form & How to Apply

To apply, you must complete the official CPP disability form:

Required forms:

  • ISP-1151 (Application for CPP Disability Benefits)
  • ISP-2519 (Medical Report) – to be filled by a qualified physician or nurse practitioner

You can:

  • Apply online via My Service Canada Account (MSCA)
  • Or mail printed copies to the CPP Processing Centre

You must meet these eligibility criteria:

  • Under age 65
  • Stopped working due to a “severe and prolonged” physical or mental disability
  • Contributed to CPP in 4 of the last 6 years (or 3 of the last 6 if you’ve contributed for 25+ years)

CPP Disability Drug Benefits

While CPP itself does not directly provide drug benefits, most CPP disability recipients are automatically eligible for provincial drug coverage programs. Examples:

  • Ontario: Recipients are enrolled in the Ontario Drug Benefit (ODB) program, covering most prescription drugs with minimal co-pays.
  • British Columbia: Eligible for Fair PharmaCare with enhanced coverage.
  • Alberta: Covered under Alberta Adult Health Benefit.

You must usually provide proof of your CPP-D approval to access these programs.

Children’s Benefits Under CPP Disability

If you receive CPP disability payments, your dependent children under age 18, or up to 25 if in full-time school, may receive a monthly CPP children’s benefit.

  • Amount per child (2025 estimate): Around $301.77/month

You must apply for each child separately using the ISP-1400 form.

Max CPP Contribution 2025

Starting in 2024, the federal government introduced a second earnings ceiling called CPP2 as part of the CPP enhancement. This applies to higher-income earners and increases both contribution amounts and future benefits.

CPP Contribution Limits 2025

For 2025, there are two layers of contributions:

  1. Base CPP (Tier 1)
    • Maximum pensionable earnings: $71,300
    • Basic exemption amount: $3,500
    • Maximum employee and employer contribution: $4,034.10
    • Maximum self-employed contribution: $8,068.20
  2. CPP2 (Tier 2) – Additional Contributions for High Earners
    • Second earnings ceiling: $88,000
    • Applies to income between $71,300 and $81,200
    • CPP2 contribution rate: 4% (employee), 8% (self-employed)
    • Maximum CPP2 contribution (2025):
      • Employee: $396
      • Employer: $396
      • Self-employed: $792.00

Recap: Max CPP Contribution 2024

In 2024, CPP2 was first introduced:

  • 2024 max pensionable earnings (Base): $68,500
  • Max base contribution: $3,867.50 (employee)
  • Max CPP2 contribution: $188 (employee)

What is CPP2?

CPP2 refers to the second additional CPP contributions introduced under the enhanced CPP program. These only apply to higher income earners and are designed to increase retirement, disability, and survivor benefits over time.

  • You only pay CPP2 on the portion of earnings above the base ceiling ($71,300 in 2025) and up to the second ceiling ($81,200 in 2025).
  • This helps top up future CPP payments, especially for those who consistently earn above-average wages.

Canada Pension Plan and Old Age Security: What’s the Difference?

  • CPP is based on your earnings and contributions during your working years.
  • Old Age Security (OAS) is a separate program, funded by general tax revenues, and available to seniors 65+ based on residency, not work history.

Many seniors receive both CPP payments and OAS payments in retirement.

CPP Old Age Pension: What It Is and When You Can Start

The Canada Pension Plan Old Age, also known as the Canada Pension Plan retirement pension, is a monthly, taxable benefit paid to Canadians who have contributed to the CPP during their working years. You can start receiving CPP as early as age 60, but your monthly amount will be reduced if taken before age 65. Waiting until age 70 can increase your benefit by up to 42%.

The amount you receive depends on how much and how long you contributed, and at what age you start your pension. As of 2025, the maximum monthly CPP retirement benefit at age 65 is approximately $1,433.00, though the average payout is significantly lower due to varied work histories and contributions.

Final Thoughts on CPP Payment Dates 2025 and What You Should Do

Tracking your CPP payment dates 2025 is essential if you rely on this income monthly. Whether you’re receiving a CPP retirement pension, disability CPP, or you’re planning ahead for retirement, knowing the CPP increase 2025, CPP at 60 vs 65 tradeoffs, and your Canada Pension Plan estimate helps with financial planning.

Summary of Key Topics:

  • CPP Payment Dates 2025: Monthly, last week of each month
  • Disability CPP Payments: Same dates, higher amounts
  • CPP at 60 vs 65: Early or delayed – each has pros and cons
  • CPP Increase 2025: Higher earnings cap means more benefits for high earners
  • Canada Pension Plan Estimate: Use MSCA to get your projected amount
  • Max CPP Benefit 2025: $1,433.00/month at age 65
  • CPP Old Age Pension: Not the same as OAS – know the difference