In Canada, there are immense benefits that are offered by the CRA to the pensioners. It includes pension payments and more. As per CRA recent update, the $1,720 Monthly CPP Boost In February 2025 will be seen. This $1720 monthly boost will be offered in 2025 by the CRA. But before moving we must know the boost types. There can be two types of the boost that are available to the CPP claimants. One boost is the annual CRA boost which is based on inflation and CPI Data. This boost has been already provided by the CRA as the maximum CPP monthly benefits changes from $1364.60 to $1433. This $1433 will be valid till 31st December 2025 for the residents who are 60 years old. Another boost is the boost that is in the hands of the claimant by delaying their benefits.
$1,720 Monthly CPP Boost In February 2025
The $1,720 Monthly CPP Boost In February 2025 is the CPP Claimant boost which depends on the age of receiving the benefit. The CPP Benefit starts from age 60 years till age 70 years. The standard age to get this benefit is 65 years as in this age the pension claimants will get full 100% CPP Benefit. If someone chooses to start their CPP at 60 years then they will receive the lower benefit. If someone chooses to start their CPP at 70 years of age then the CPP Claimants will get higher pension payment which will be over the standard CPP Benefit which is $1433 in 2025. It means that by delaying the pension payments, the pensioners can also get a boost in their monthly payments. This $1720 is the boosted amount that can be claimed by the pensioner who delays their pension payment.
CPP Pension Boost In February 2025- Overview
| Post Title | $1,720 Monthly CPP Boost In February 2025 |
| Year | 2025 |
| Country Name | Canada |
| Program Name | CPP |
| Month | February |
| Issuing Agency | CRA |
| Canada CPP Payment Date 2025 | See this Guide |
| Standard CPP Age | 65 years |
| Post Category | Finance |
| Official Web Page | www.canada.ca |
How To Claim CPP Monthly Boost?
The pensioners can get the monthly CPP Boost by delaying their benefits. If the pensioners start their benefits after age 65 years then they will receive higher payments.
| Age | Increase Percentage | Monthly Payment | Yearly Payment |
| 65 Years | 100% Benefit | $1,433 | $17,196 |
| 66 Years | 100% + 8.40% | $1,533.37 | $18,640.46 |
| 67 Years | 100% + 16.80% | $1,673.74 | $20,084.93 |
| 67 Years 5 Months | 100% + 20.30% | $1,723.90 | $20,686.79 |
| 68 Years | 100% + 25.20% | $1,794.12 | $21,529.39 |
| 69 Years | 100% + 33.60% | $1,914.49 | $22,973.86 |
| 70 Years | 100% + 42.00% | $2,034.86 | $24,418.32 |
We can clearly see here, how the boost will be applicable if we delay our CPP Payments. When the resident is 67 years and 5 months old then they can receive the monthly payment of $1720 or we can say $1723.90. It means that approximately at the age of 67 years and half the pensioner can get an approximate monthly payment of $1720.
Canada CPP Payment Date 2025
Each month the CPP is delivered to the pensioners as per the provided schedule below:
| Year – Month | Payment Dates |
| 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: $1720 CPP Monthly Boost 2025
This $1720 CPP Monthly boost may be reliable if we consider this boost as delayed Pension benefit boost. The pensioners can choose to delay their monthly payments till age 70 years. At age 65 years the pensioners will get 100% benefit. But if the pensioner chooses to start the benefit at age 67 years and 5 months then the approximate payment of $1720 can be claimed by the pensioner. It means that the pensioners who choose to delay their pension payments can get higher payments. If someone delays their payment till age 70 years then the pensioners can get a 42% boost. It means in total the pensioners will get 142% CPP Payment rather than 100%. For more updates on CPP Boost, pensioners can see the CRA portal.
FAQ Related To $1,720 Monthly CPP Boost In February 2025
This $1720 is the monthly boost that the pensioners can claim by delaying their payments.
No, this $1720 Boost is not a part of CPI annual adjustments.
The $1720 CPP Payment can be claimed by the pensioner who is 67 years and 5 months old.
The pensioners can get an extra 42% if they delay their pension payment till 70 years of age.
