The Canada Revenue Agency (CRA) has confirmed that eligible seniors will receive a direct deposit combining maximum Canada Pension Plan (CPP) and Old Age Security (OAS) benefits—totaling approximately $2,233 per month—on September 25, 2025. This welcome boost comes amid rising living costs and ongoing support for retirees.
Payment Breakdown: CPP + OAS
The combined figure reflects two separate maximums:
| Program | Eligible Age | Maximum Monthly Amount (Sept 2025) |
|---|---|---|
| CPP (Retirement) | At age 65, full contributions | $1,433.00 |
| OAS (Old Age Security) | Age 75 and over (includes +10% boost) | $808.45 |
| Total Combined | — | $2,241.45* |
*Note: The approximate $2,233 figure aligns closely with the sum of the latest maximums available at publication—$1,433.00 (CPP) plus $808.45 (OAS).
Payment Schedule Confirmed
- Deposit Date: Both CPP and OAS funds are scheduled to be deposited on September 25, 2025.
- Delivery Method: Seniors are encouraged to ensure their direct deposit banking information is up to date via their My Service Canada Account (MSCA) to avoid delays.
Understanding the Amounts
- CPP: The monthly maximum of $1,433 reflects full contributions over a working lifetime.
- OAS: Seniors aged 75 and above benefit from an additional 10% increase, bringing the maximum to $808.45/month.
Why This Matters
- Substantial Income Support: A combined $2,200+ payment in one month can significantly relieve financial pressure for seniors managing day-to-day expenses.
- Inflation Adjustments: Both CPP and OAS are indexed—CPP annually and OAS quarterly—to reflect changes in the Consumer Price Index (CPI), helping preserve purchasing power.
- Peace of Mind: Knowing the exact payment date and amount allows for better budgeting and planning.
Canadian seniors are poised to receive a major financial boost on September 25, 2025, as the CRA rolls out a combined CPP and OAS payment totaling approximately $2,233 (in official terms).
Anchored by indexed benefit rates—$1,433 for CPP and $808.45 for OAS (65+)—this lump-sum is not only timely but supports seniors’ financial stability amid rising costs.
To ensure smooth delivery, make sure your direct deposit details are current via your Service Canada portal.
FAQs
The CPP retirement pension for those 65 with full contributions is capped at $1,433.00/month.