CPP Payment Dates This Year and Next (2024-2025)

The Canadian Pension Plan (CPP) is a social insurance program in Canada that provides a basic level of retirement, disability, and survivor benefits to millions of Canadians. Below, you’ll find updated CPP payment dates for both 2024 and 2025 so you can easily keep track of when to expect your payments.

Why this resource includes CPP payment dates for both 2024 and 2025

This page provides a convenient reference for both 2024 and 2025 payment dates, helping you stay prepared whether you’re receiving CPP payments now or planning ahead for the new year. Bookmark this page to access reliable CPP dates in one place.

CPP payment dates for 2024

The Government of Canada pays CPP to qualifying individuals on the following calendar dates in 2024:

Looking for 2025 payment dates? Jump to 2025 dates

You can look back at the CPP payment dates for 2023.

CPP payment dates for 2025

The Government of Canada has released the CPP payment dates for 2025. Here’s when you can expect to receive your CPP payments next year:

2025 CPP payment amounts

For 2025, the maximum monthly amount you could receive if you start your pension at age 65 is $1,364.60. In July 2024, the average monthly amount paid to new retirees at age 65 was $815.00. The amount you receive may vary based on your unique contribution history.

How do I get CPP payments?

To receive CPP payments, you must meet certain eligibility requirements and apply for the benefits. Here are the general steps to follow:

1. Check your eligibility: To get CPP benefits, you must have made enough contributions to the plan during your working years. You can check your CPP contribution history and estimated retirement benefit amount by creating a My Service Canada Account on the Government of Canada website.
2. Apply for benefits: You can apply for CPP retirement benefits as early as age 60, or as late as age 70. To apply, you can complete and submit the CPP retirement pension application form online or by mail.
3. Provide required documents: You may need to provide additional documents to support your application, such as your birth certificate, social insurance number, and marriage certificate.
4. Wait for a decision: Once you have submitted your application, Service Canada will review it and let you know if you are eligible to receive CPP payments. If you are eligible, you will receive a letter outlining the amount of your monthly benefit and when it will start.
5. Receive payments: You can choose to receive your CPP payments by direct deposit (the easiest method) or by cheque.

If you have any questions or need assistance with your CPP application, you can contact Service Canada by phone or visit a Service Canada office in person.

Samfiru Tumarkin LLP has created resources on additional aspects of the Canada Pension Plan, including CPP Disability and the intersection between CPPD and long-term disability benefits for employees.

Is CPP mandatory?

Yes, CPP is mandatory for most working Canadians.

• Employees and employers are required to contribute a percentage of the employee’s earnings, up to a maximum annual limit set by the government.
• Self-employed workers may also be required to contribute to the plan, although they have the option to opt out if they meet certain criteria.

Additional resources

We have additional resources about your rights employment-related rights in Canada.

• Statutory Holidays: Find out when statutory holidays occur in Ontario, Alberta or B.C.
• Minimum Wage: We have guides to minimum wage for the federal, Ontario, Alberta and B.C. jurisdictions

Rights for older employees facing job termination

If you were fired as an older employee, it’s essential to understand your rights. In Canada, employment laws protect against age-based discrimination and unfair dismissal. You may be entitled to a severance package or have grounds for a wrongful dismissal claim if your termination was not handled fairly or if your age played a role. It is illegal to fire someone solely due to their age, as this violates human rights protections. If you are terminated without cause, you could be owed significant compensation – as much as 24 months’ pay plus damages.

The experienced employment lawyers at Samfiru Tumarkin LLP can provide clear advice, and secure the compensation you are legally entitled to. Don’t leave your rights to chance – contact us today for a consultation!