The Canadian Government is set to provide a $1364 Retirement Pension From Feb 2025. The CRA is in charge of administering this retirement payment in Canada. This Retirement payment can be also known as CPP Payment. This Retirement payment offers monthly benefits to the retirees. Each year, the CRA reviews these payments to adjust for the inflation and maintain purchasing power. The maximum retirement payment in 2024 was $1364.60 per month. Although adjustments were made and this retirement benefit now raised to $1433. But the question remains about the February 2025 payment reverting to $1364. Will CRA issue this previous benefit of $1364 in February 2025, But Why?
$1364 Retirement Pension From Feb 2025
The Retirement pension is the contributory program that is aimed at ensuring financial security for the retirees. By contributing during their working years, the Canadian Residents are accessing their retirement benefits. The $1364 Retirement Pension From Feb 2025 is the expected payment for the retirees. However this figure appears inconsistent as the CRA recently raised the amount to $1433. Reports indicating that this lower $1364 payment seem to originate from unofficial sources including social media posts which makes this unreliable. It means that the retirees in February 2025, will not receive this $1364 payment instead they will receive a raised payment of $1433.
Canada Pension Plan 2025 – Overview
| Post Title | $1364 Retirement Pension From Feb 2025 |
| Year | 2025 |
| Country | Canada |
| Month | February |
| Benefit | Retirement Pension/CPP |
| Issuing Agency | CRA |
| CRA CPP Benefits Eligibility 2025 | Canadian Pensioners with age from 60 to 70 years |
| Objective | Financial Assistance to Pensioners |
| Payment Frequency | Monthly |
| Canada Retirement Pension Payment Date 2025 | See this Guide |
| Post Category | Finance |
| Official Web Page | www.canada.ca |
CRA CPP Benefits Eligibility 2025
Whether the retirees will get $1364 or $1433 Pension 2025, the eligibility rules will be the same. The annual adjustment raise always applies to the previous regular payment. Here are some eligibility conditions are this Canada Retirement Payment:
- The Retirees must be 60 years old to claim this CPP Benefits.
- The Canadian Residency or citizenship is required for the Retirement payment.
- The valid CPP Contributions during the employment years are mandatory.
- These retirement benefits can be claimed until the age of 70.
- The delayed payments until 70 years can raise the payouts by 42%.
- At 60 years age, the retirees can only receive reduced benefits, while the standard full benefits starts at 65 years. It means 100% retirement payment is given to the retiree at standard age 65 years.
Canada Retirement Pension Payment Schedule 2025
The CRA issues monthly Retirement payments via direct deposits or cheques. To ensure the timely payments, the retirees should update their banking information and mailing address on their My Service Canada Account. The monthly payment dates are provided by the CRA and on these dates only the Retirement payments are delivered to the retirees. Below is the 2025 Monthly Payment Schedule for the Retirement Payment:
| Year – Month | CRA Payment Dates 2025 |
| 2025 – January | 29th |
| 2025 – February | 26th |
| 2025 – March | 27th |
| 2025 – April | 28th |
| 2025 – May | 28th |
| 2025 – June | 26th |
| 2025 – July | 29th |
| 2025 – August | 27th |
| 2025 – September | 25th |
| 2025 – October | 29th |
| 2025 – November | 26th |
| 2025 – December | 22nd |
Fact Check: $1364 Retirement Pension In Feb 2025
The $1364 payment figure for February 2025 is not reliable. The maximum CPP or retirement benefit of $1364.60 was applied in 2024. CRA has now increased the maximum payment to $1433 for 2025 with a rise of $68.40. The Claims circulating about a $1364 payment lacks CRA verification. The CRA will not again issue this past amount of $1364. In February 2025, the new amount which is $1433, will only be followed. The Retirees should check their exact payment amounts on the CRA portal or on their My Service Canada Account.
FAQs About $1364 CPP Payment In Feb 2025
No, this figure was the 2024 retirement payment maximum benefit. CRA has now raised the amount to $1433 for 2025.
The current Retirement Payment amount is $1433 which ups from $1364.60.
Retirees between the ages of 60 and 70 who have made contributions to the Canada Pension Plan throughout their years of employment are eligible to receive this retirement payment in 2025.
The $1364 Retirement payments are issued monthly by direct deposits and cheques and the above provided payment dates are followed for the distribution.
The Retirees can view their retirement payment amounts or other details on My Service Canada Account and also the retiree can refer to the CRA Official Website i.e. www.canada.ca.
