In 2025, Canadian seniors can receive up to $1,700 or more every month through the Canada Pension Plan (CPP) and Old Age Security (OAS). These programs are designed to give retirees steady financial support so they can live with less stress and more peace of mind. If you’re close to retirement—or helping someone who is—knowing how these benefits work is key to maximizing your income.
Table of Contents
Overview
The federal government offers two core income programs for seniors: CPP and OAS. Together, they can provide a combined monthly benefit of over $2,200 for those who qualify. But most seniors receive closer to $1,700 depending on their contributions and age.
Let’s look at the basic numbers:
| Feature | Details |
|---|---|
| Max CPP (age 65) | $1,433.00/month |
| Avg CPP Payment | $899.67/month |
| Max OAS (age 65–74) | $727.67/month |
| Max OAS (age 75+) | $800.44/month |
| Combined Max (CPP + OAS) | Up to $2,233.44/month |
| Application Method | Online or by mail |
| Next CPP Payment | July 28, 2025 |
CPP
The Canada Pension Plan is a retirement income benefit based on your work and contributions. You and your employer both pay into it while you’re working, and when you retire, you get paid back every month.
Who qualifies?
You must be at least 60 and have made at least one valid CPP contribution.
How much can you get?
In 2025, the maximum monthly CPP at age 65 is $1,433. Most people get less—about $899.67/month on average.
When should you start?
- Start at 60: You’ll receive up to 36% less
- Start at 70: You’ll get up to 42% more
Choosing when to begin depends on your health, income needs, and long-term plans.
OAS
Old Age Security is different from CPP. You don’t have to pay into it directly. It’s funded through general tax revenue and based mainly on age and residency.
Who qualifies?
- Must be 65 or older
- Must have lived in Canada for at least 10 years after age 18
Even if you moved away, you might still qualify under certain international agreements.
OAS Payment Amounts in 2025:
- Ages 65–74: Up to $727.67/month
- Age 75+: Up to $800.44/month
Payments are reviewed every quarter to match inflation.
Application
You don’t get CPP or OAS automatically. Here’s how to apply:
Apply Online:
- Go to My Service Canada Account
- Select your benefit (CPP or OAS)
- Fill out the forms and upload your documents
- Submit and wait for confirmation
Apply by Mail:
- Download the paper application
- Fill in your info, including banking details
- Mail it to a Service Canada office
- Wait 6 to 12 weeks for processing
Dates
Seniors get paid monthly. If you’re enrolled, keep an eye on these upcoming CPP and OAS paydays:
- May 29, 2025
- June 26, 2025
- July 28, 2025
Always make sure your banking info is current to avoid missing a payment.
Taxes
Yes, CPP and OAS are taxable. Depending on your income, you may owe tax on these benefits either upfront or at tax filing time.
What’s the OAS clawback?
If your annual income is over roughly $90,000 in 2025, you may have to repay some or all of your OAS. This is called the recovery tax.
Tip:
Use strategies like income-splitting or contributing to a TFSA to help reduce your taxable income in retirement.
Extra Help
Beyond CPP and OAS, you may also qualify for:
- Guaranteed Income Supplement (GIS): For low-income OAS recipients
- Allowance: For 60–64-year-olds with a spouse receiving GIS
- Allowance for the Survivor: For widowed individuals aged 60–64
- Provincial Top-Ups: Extra support in some provinces
Don’t miss out—check with your province or Service Canada to see what else you can claim.
FAQs
What is the max CPP payment in 2025?
Up to $1,433.00 per month at age 65.
When is the next CPP payment?
July 28, 2025.
Is OAS taxable income?
Yes, both CPP and OAS are taxed as income.
How do I apply for CPP and OAS?
Use My Service Canada Account or apply by mail.
What is the OAS clawback limit in 2025?
Around $90,000 annual income triggers repayment.
