For millions of Canadian seniors, the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS) represent vital sources of income in retirement.
With the cost of living rising, these monthly benefits provide crucial financial support to help seniors manage their day-to-day expenses, including housing, food, and medical care.
With 2025 fast approaching, understanding when these benefits will be paid and how much you can expect is essential. In this article, we break down the fixed payment dates for CPP, OAS, and GIS in 2025 and explore the expected increases in benefit amounts.
What is CPP, OAS & GIS?
Canada Pension Plan (CPP)
The Canada Pension Plan is a government-run program designed to provide income to Canadians in retirement. The amount you receive from CPP is determined by how much you’ve contributed throughout your working years.
Contributions are made by both workers and employers. Additionally, CPP Disability Benefits and CPP Survivor Benefits are available for those who qualify.
Old Age Security (OAS)
The Old Age Security is available to all Canadians aged 65 and older, regardless of their employment history or income level. The benefit helps seniors cover essential living expenses. The amount varies based on the recipient’s age, with OAS payments increasing once an individual reaches 75 years of age.
Guaranteed Income Supplement (GIS)
For low-income seniors receiving OAS, the Guaranteed Income Supplement (GIS) provides additional financial help. GIS is designed to ensure that seniors who have little or no income can receive a basic level of financial support.
Fixed CPP, OAS & GIS Payment Dates for 2025
It’s important for beneficiaries to know when their CPP, OAS, and GIS payments are scheduled. These dates are fixed, but there may be changes due to holidays or other exceptional circumstances. Below are the CPP and OAS payment dates for 2025, and since GIS is issued along with OAS, the same dates apply.
| Month | CPP and OAS Payment Date |
|---|---|
| January | 29th |
| February | 26th |
| March | 27th |
| April | 28th |
| May | 28th |
| June | 26th |
| July | 29th |
| August | 27th |
| September | 25th |
| October | 29th |
| November | 26th |
| December | 22nd |
Note: If a payment date falls on a weekend or holiday, the payments are typically issued on the preceding business day.
Expected Increases for CPP, OAS & GIS in 2025
Each of these pension programs is subject to annual adjustments. The Government of Canada has already indicated the increased amounts for 2025 based on inflation and other factors. Here’s a detailed look at the anticipated changes:
Canada Pension Plan (CPP)
In 2025, the Year’s Maximum Pensionable Earnings (YMPE) will rise to $69,700, which affects the maximum monthly payout for CPP. CPP payments increase the longer you wait to start receiving them. The maximum monthly CPP payment at age 65 will be $1,364.60 in 2025.
Old Age Security (OAS)
- For individuals aged 65 to 74, the maximum monthly OAS payment will be $727.67.
- For those aged 75 and older, the maximum monthly OAS payment will rise to $800.44. This increase is part of a previous adjustment for seniors aged 75 and above.
Guaranteed Income Supplement (GIS)
The GIS amount varies based on marital status and income levels. The expected amounts in 2025 are:
- For those with a spouse or common-law partner receiving full OAS, the GIS payment will be $654.23.
- For single, widowed, or divorced recipients, the monthly GIS payment could be as much as $1,086.88. If the partner does not receive OAS or Allowance, the GIS payment might increase to $1,086.88 as well.
The CPP, OAS, and GIS are integral to the financial stability of Canada’s senior population. In 2025, these pensions are set to increase, providing much-needed relief for many.
Be sure to stay informed about the payment schedules and increased amounts to plan your finances accordingly. For personalized updates, visit official government resources or your Service Canada account.
When can I expect my CPP, OAS, and GIS payments in 2025?
Payments are distributed on fixed dates throughout the year, typically around the last Wednesday of the month. For specific dates, refer to the payment schedule above.
How can I qualify for CPP, OAS, and GIS?
To qualify for CPP, you must have contributed to the plan during your working years. OAS is available to all Canadians aged 65 and older, while GIS is for low-income seniors receiving OAS.
What are the expected increases for these benefits in 2025?
In 2025, CPP payments will rise based on YMPE, OAS payments will increase slightly for those aged 75 and older, and GIS payments will continue to provide financial relief for low-income seniors.
