Every year, the CRA offers New CPP/OAS Payment for Canadian Seniors. This year, the CRA also reviews the payments and adjusts them as per their CPI Changes. As per the inflation data, the CRA updates these amounts so that the seniors and the pensioners can keep up with the inflation and the raised living costs. The CPP Benefit is reviewed annually and the OAS Benefit is reviewed quarterly. This means that with the adjustments the amounts often raise or remain the same but CRA never decreases the pension amounts. Both these Canada Pension Plan and OAS Payments are part of the retirement income system. Both offer monthly payments to the aged Canadians and pensioners.
New CPP/OAS Payment for Canadian Seniors
The New CPP/OAS Payment for Canadian Seniors includes the new benefits amounts, the income limit, contribution rates and more. These changes for the old age security and CPP will be provided here. The Pension payments are raised for this 2025 but the Old age benefit is not raised for the first quarter only. It means the aged Canadians will get the same amount that they claim in the last quarter of 2024. From the Second quarter of 2025, the OAS payments will be reviewed again and the changes might be done by the CRA as per the inflation and CPI.
CRA CPP/OAS Benefit 2025- Overview
| Post Title | New CPP/OAS Payment for Canadian Seniors |
| Year | 2025 |
| Country Name | Canada |
| Issuing Agency | CRA |
| Name of the Benefit | CPP & OAS |
| New CPP/OAS Canadian Seniors Benefit Eligibility 2025 | Canadian aged seniors and pensioners |
| Purpose | Financial Support for seniors and pensioners |
| Payment Frequency | Monthly |
| CRA New OAS / CPP Benefit Amount 2025 | OAS: $727.67 – $800.44CPP: $1433 |
| Review Frequency | Quarterly For OAS and Yearly For CPP |
| Canada CPP/OAS Benefit Date 2025 | Refer this Page |
| Post Category | Finance |
| Official Web Portal | www.canada.ca |
Canada CPP/OAS Benefit Eligibility 2025
Canada Pension Plan:
- The pension payment is for those who contributed to the CPP in their employment life.
- Those who contributed over 35 years in CPP can get maximum payment.
- The Canadians who are 60 years old can get the CPP but at this age the reduced benefit can be claimed by the retirees.
- At the age of 65 years, the retirees can get 100% of the retirement payment.
- At the age of 70 years, the retirees can get a higher retirement payment.
- The Canadian residents or the Canadians who hold legal status can get this payment.
Old Age Security:
- The old age security is for those who are 65 years old.
- The old age benefits are given to those who have legal status in Canada such as legal Residency or citizenship.
- Those who have Canadian legal status for ten years after turning eighteen can get this.
- The annual income of the seniors must be:
| Age | Annual Income Limit |
| 65 Years – 74 Years | $1,48,451 |
| 75 Years or More | $1,54,196 |
CRA New OAS / CPP Benefit Amount 2025
Canada Pension Plan:
| Benefit Name | Maximum Amount |
| Retirement Pension | $1,433 |
| Disability Pension | $1,673.24 |
| Post Retirement Disability Pension | $598.49 |
| Survivor Pension for residents under 65 | $770.88 |
| Survivor Pension for residents with age 65 or older | $859.80 |
Old Age Security:
| Age | Monthly Payment |
| 65 Years – 74 Years | $727.67 |
| 75 Years or older | $800.44 |
Canada CPP/OAS Benefit Payment Date 2025
The CPP/OAS New Seniors Benefit is monthly benefit that has following schedule:
| CRA Payment Dates Feb 2025 | Month – Year |
| 29th | January – 2025 |
| 26th | February – 2025 |
| 27th | March – 2025 |
| 28th | April – 2025 |
| 28th | May – 2025 |
| 26th | June – 2025 |
| 29th | July – 2025 |
| 27th | August – 2025 |
| 25th | September – 2025 |
| 29th | October – 2025 |
| 26th | November – 2025 |
| 22nd | December – 2025 |
FAQ Related To New CPP/OAS Payment for Canadian Seniors
The CPP Benefit is the monthly financial assistance payment for the retirees and this provides a monthly payment of $1433.
The old age benefit is for the seniors and the CRA offers $727.67 to 65 years to 74 years aged and $800.44 to 75 years aged seniors.
The above schedule is provided for the OAS and the CPP Benefit.
On My Service Canada Account, the residents can see the updated amounts for the OAS and CPP.
The seniors and pensioners can verify the OAS and CPP Payment from Service Canada portal or CRA page.
