Next Round of Canada Pension Plan Payments Coming August 27
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Canada is all set to release the next round of Canada Pension Plan (CPP) payments scheduled for August 27, 2025 (Wednesday). This benefit payment offers the vital financial support to retirees, individuals with disabilities, and survivors across the country.
Thanks to the 2.7% CPP increase in 2025, beneficiaries are seeing higher payments to help offset the rising living costs in Canada. In addition to the programs like Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) can provide an extra CAD 800 per month to eligible recipients.
When Will the Next August 2025 CPP Payment Arrive?
The August 2025 CPP benefit payment funds will be available in recipient bank accounts on August 27, 2025. For paper cheques, it is advisable to check that you have your updated address with Services Canada to avoid any potential delays due to possible postal service disruptions.
Upcoming CPP Payment Dates 2025
The upcoming CPP payment dates for the year 2025 include:
- August 27, 2025
- September 25, 2025
- October 29, 2025
- November 26, 2025
- December 22, 2025
Read Next: IRCC Introduces New Guidelines for Cash-Based Work Experience Applicants in 2025
Recent Updates to Canada Pension Plan (CPP) Payment in Year 2025
The key updates to CPP payments in 2025 include:
- Starting January 2025, a 2.7% inflation adjustment has been applied to protect residents against rising costs
- CPP now replaces up to 33.33% of average career earnings, up from previously 25%
- The maximum monthly payment (for age 65 years) is CAD 1,433, and the average payment is about CAD 900
Additional Income Support Program By Canada
Additional benefits that you may qualify for alongside the CPP payment include:
| Benefit | Details |
|---|---|
| Post Retirement Benefit (PRB) | Additional (up to) CAD 49.39 per month for candidates who continue to work while receiving CPP between the ages of 60-70 years |
| Old Age Security (OAS) | Additional pay up to CAD 727.67 per month (candidates aged between 65 to 74) or CAD 800.44 per month (aged 75+ years) (July to September 2025) |
| Guaranteed Income Supplement (GIS) | Offers additional payment up to CAD 1086.88 per month. for low-income seniors, whose income is below CAD 22,056 |
| Survivor Pension | Partners or Spouses of deceased contributors could also receive monthly up to CAD 770.88 (below 65 years) or CAD 859.80 (65+ years) |
| Child Benefits | Dependents of the deceased or disabled contributors could receive additional monthly benefits up to CAD 301.77 (full-time students) or CAD 150.89 (part-time students) |
| CPP Disability Benefit | Additional benefit of up to CAD 1,673.24 per month for those under 65 years with severe disabilities |
| Post Retirement Disability Benefit | Additional benefit of up to CAD 598.49 per month for recipients aged 60 - 65 years who develop a disability |
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