In recent times, rumours have been circulating about a $650 + $750 Pension Boost To All Retirees By CRA. Many of the seniors are eager to learn whether they will get this additional financial support or not. With the rising living costs including the higher prices for groceries, utilities and healthcare, any news of pension increase can be a source of hope for the retirees. But as with such rumoured claims, it’s essential to seperate the fiction and facts before getting too excited and involved. As there is no formal approval on $650 and $750, we can’t fully rely. In this article, we will take a closer look at the details of this rumoured pension boost and assess the credibility of this claim.
$650 + $750 Pension Boost To All Retirees By CRA
As per this claim, $650 + $750 Pension Boost To All Retirees By CRA will be paid. It means that Service Canada is offering a combined pension boost of $1400 under the programs like Canada Pension Plan, old age security, Guaranteed income supplement. According to online sources and social media discussions, this extra payment aims to help seniors to cope with inflation and financial hardships caused by inflationary pressures. But there is no formal approval from CRA or any related agencies like Service Canada confirming such a pension boost. Let’s see more on this rumoured benefit.
CRA Retirement Benefit 2025 – Overview
| Post Title | $650 + $750 Pension Boost To All Retirees By CRA |
| Country Name | Canada |
| Year | 2025 |
| Issuing Agency | Service Canada or CRA |
| Program Details | Canada Pension Plan + Old Age Security |
| Who Can Claim $650 + $750 Retirees Boost? | Qualified Canadians |
| Frequency of the Payment | Monthly |
| Purpose | Monetary assistance to seniors and retirees |
| CRA Retirees Pension Boost Payout Dates 2025 | See this Guide |
| Inflation Indexation | Quarterly to OAS and Annually to CPP |
| Category of the Post | Finance |
| Official Web Portal | www.canada.ca |
Who Can Claim $650 + $750 Retirees Boost?
As the rumoured pension boost is not real and official, the retirees in Canada are only qualified for financial support through existing CPP and OAS Payments. If such boost gets confirmed then regular eligibility rules of old age security and Canada Pension plan will be followed which are provided here:
- This is available to residents who in their work history have made CPP contributions.
- This payment can be started at an early age of 60 years but for 100% payment the ideal age is 65 years. For more or higher payments, the applicants are recommended to wait till 70 years of age.
- This is available to residents of Canada who have 10 years residency following the age of 18 years.
- 65 years of age is required.
- The income thresholds must also be met.
CRA Retirees Pension Boost Payout Dates 2025
This pension boost of $650 and $750 lacks official confirmation, but if given then will be added to regular OAS and CPP Payments. It means that as per standard timeline, this payment will be made:
| Month, Year | Payout Dates |
| January, 2025 | 29th |
| February, 2025 | 26th |
| March, 2025 | 27th |
| April, 2025 | 28th |
| May, 2025 | 28th |
| June, 2025 | 26th |
| July, 2025 | 29th |
| August, 2025 | 27th |
| September, 2025 | 25th |
| October, 2025 | 29th |
| November, 2025 | 26th |
| December, 2025 | 22nd |
Is $650 + $750 Pension Boost Real?
This $650 and $750 pension boost till now is unofficial and not reliable. The CRA, Service Canada have not made any official statements about this increase. Such false claims about pension boosts have also circulated before and it is advised to stay cautious and never believe such updates until official confirmation. Before relying on any pension related news or boost news, the seniors should always check with official Government sources such as Canada.ca (Official website), Service Canada or contact Old Age Security or contact Canada Pension Plan.
FAQs: $650 + $750 Pension Boost To All Retirees By CRA
No, there is no confirmed pension boost of $650 and $750 for retirees. This is a rumour with no official backing.
Service Canada officially raises the CPP and OAS Benefits based on CPI. These increases follow a specific timeline like OAS is raised quarterly and CPP is raised annually. These increases are announced officially.
The retirees can know the pension boost amounts through the official Canada.ca page or the retirees can see their MSCA or CRA account or My Account.
Yes, the retirees have an option to talk to Service Canada representatives for any OAS and CPP Updates. The retirees can contact Old Age Security or contact Canada Pension Plan based on their program.
