As Canada continues to prioritise the seniors’ well being, the Government through CRA has implemented various financial support programs. Among these initiatives, the Canada Pension Benefit and Old Age Payment are two most significant programs. Together they serve as a lifeline for Canadian seniors. These programs are particularly important in rising living costs. The New CPP/OAS Payment for Seniors In Feb 2025 are being scheduled. These programs are reliable income sources for the Canadians which enable them to cover essential expenses like housing, healthcare and food. These programs’ periodic adjustments reflect the Government efforts to align the benefits with inflation.
New CPP/OAS Payment for Seniors In Feb 2025
The CPP is a social contributory insurance program which is designed to provide retirement income to the Canadians who have worked and made contributions during their employment. For 2025, the Government has introduced changes to the CPP payments to reflect raised living costs. These changes will be applicable throughout 2025 which also includes February. OAS benefit is another Canadian retirement income payment which is available to Canadian legal residents or citizens with 65 years of age. These old age benefits are indexed quarterly. From January to March 2025, the CRA has not raised the benefits. The New CPP/OAS Payment for Seniors In Feb 2025 includes the adjustments that will reflect the changes in CPI and living costs.
Canada New Pension & OAS Payment Feb 2025- Overview
| Post Title | New CPP/OAS Payment for Seniors In Feb 2025 |
| Year | 2025 |
| Country Name | Canada |
| Month | February |
| Issuing Agency | CRA |
| Program Name | Old Age Payment & Pension Payment |
| New CPP/OAS Eligibility 2025 | Retirees and Seniors in Canada |
| Purpose | Financial Aid |
| CRA CPP & OAS Benefit Amount 2025 | See this guide |
| Post Category | Finance |
| New CRA Benefits Schedule 2025 | 26th February, 2025 |
| Official Web Page | www.canada.ca |
New CPP/OAS Eligibility 2025
CPP Eligibility Criteria:
- The individuals must contribute to the CPP at their employment time.
- The CPP can be claimed as early as age 60 but this will result in reduced monthly amounts.
- Applicants must have legal residency or citizenship in Canada.
OAS Eligibility Criteria:
- The old age benefits will be given to the 65 years aged Canadians.
- The old aged applicants must have Canadian residency or citizenship.
- Those who have Canadian legal residency for 10 years from the age can claim this benefit.
- The previous year annual income must be as per the CRA income thresholds:
| Age of Seniors | Annual Income Thresholds |
| 65 Years – 74 Years | $1,48,451 |
| 75 Years or more | $1,54,196 |
CRA CPP & OAS Benefit Amount 2025
The CPP amounts have been raised to $1433 and the OAS amounts have not been raised for the first quarter. The same 2024 last quarter amounts will be followed for the first quarter of this year. From April 2025, the Old age payments may be raised by CRA as per the CPI. Here are the pension and old age payment amounts:
| Benefit Name | Maximum Monthly Payment |
| Canada Pension Plan | $1,433 (Up from $1,364.60) |
| Old Age Security | Age Amount 65 Years – 74 Years $727.6775 Years or over $800.44 |
New CRA Benefits Schedule – OAS/CPP February 2025
The CRA always issues the benefits each month and each month’s schedule has been provided by the CRA on its web page. The old age payment and the pension payment follow the same schedule. Here is the February 2025 schedule:
| Month/Year | CRA Payment Dates For February 2025 |
| February/2025 | 26th |
FAQ Related To New CPP/OAS Payment for Seniors In Feb 2025
Yes, the Service Canada has raised the CPP Payments for 2025 but the old age payments have not been raised for January, February, March.
The CPP Raised amount for 2025 is $1,433 per month which is up from $1364.60 per month.
No, the CRA has not adjusted the eligibility requirements for CPP but the OAS first quarter income thresholds have remained unchanged but for the next quarters, it may be possible that the CRA will also adjust the income thresholds.
Yes, the CPP and the old age benefit have the same payment dates for 2025.
The seniors can see more data for CPP/OAS New payments for 2025 through the Service Canada page or www.canada.ca. Also the seniors can directly contact the CRA representatives to know more on new CPP and OAS Payments.
