Retirement income is a major financial factor for Canadians. For many seniors and prospective retirees, government pensions, particularly the Canada Pension Plan (CPP) and Old Age Security (OAS), constitute the primary components of their retirement financial framework. Effective November 2025, both CPP and OAS will be updated to ensure that retirees’ incomes are adjusted for inflation and cost-of-living increases. You should check the OAS & CPP Payment Schedule For Nov/Dec 2025 as per which benefits will be transferred to your account.
The revised monthly payments will be automatically reflected in the recipient’s monthly benefits, with no need for reapplication or extra documentation. However, retirees and future retirees need to grasp the changes being made to CPP and OAS, the schedule for receiving the new payments, and the maximum amounts that will be set.
OAS & CPP Payment Schedule For Nov/Dec 2025
Canada offers two primary retirement income programs, CPP and OAS, to guarantee that seniors maintain financial stability during their retirement years. The Canada Pension Plan is financed through contributions made by both workers and employers. The CPP delivers monthly payments that substitute a portion of your income upon retirement. If you are already receiving the benefits then you should check the OAS & CPP Payment Schedule For Nov/Dec 2025 as per which payment will be issued to you.
Additionally, it includes benefits for disability and survivors. Old Age Security (OAS) is a universal pension that is funded by general tax revenues. OAS provides monthly assistance to Canadians who are 65 years of age and older, irrespective of their work history.
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Old Age Security & Canada Pension Plan Payment
| About | Old Age Security & Canada Pension Plan Payment |
| Eligibility Qualification | Canadians getting pensions and old-age people. |
| Payment Mode | Direct Deposit or online |
| Payment Date | 26th November, 2025 |
| Year | 2025 |
| Category | Finance |
| Authority | Canada Revenue Agency |
| Government | Canada |
| Resources | https://www.canada.ca/en.html |
Eligibility Criteria For OAS & CPP Benefits
CPP Eligibility:
- You may begin receiving CPP retirement benefits as early as 60 years of age (at a reduced rate) or postpone until you reach 70 years of age (at an enhanced rate).
- You are required to have made at least one valid CPP contribution through either employment or self-employment.
- It is not necessary to reside in Canada to receive benefits, but contributions must have been made within the country.
OAS Eligibility:
- You must be at least 65 years old.
- You must have resided in Canada for a minimum of 10 years after turning 18 (to qualify for a partial pension) or 40 years (to qualify for the full pension).
- Payments are subject to income testing:
- Reduced if your annual income exceeds $90,997 (for ages 65–74).
- Reduced if your annual income exceeds $94,638 (for ages 75 and older).
- GIS is accessible for low-income seniors whose income falls below the thresholds of $21,708 (for singles) or $28,704 (for couples).
CPP & OAS Benefit Amount
Both programs are adjusted for inflation. The CPP is modified on an annual basis, whereas the OAS undergoes a review every quarter (January, April, July, October).
CPP Payments for 2025:
- The maximum monthly payment at the age of 65 is up to $1,433.
- The average monthly payment is approximately $899, as the majority of Canadians do not contribute at the highest level.
- Adjustments for early or delayed starts:
- Beginning at age 60 results in a 36% reduction in benefits.
- Postponing until age 70 can increase payments by as much as 42%.
OAS Payments for 2025:
- For individuals aged 65 to 74: Up to $727.67 per month.
- For individuals aged 75 and older: Up to $800.44 per month.
- GIS: Up to $1,057.01 for singles or $637.67 per couple (monthly).
- Example: A retiree aged 70 in Kingston with average CPP contributions and a low income could receive:
How To Claim OAS & CPP Benefits By CRA
CPP Application:
- You can apply online via My Service Canada Account, preferably 6 to 12 months before the desired start date of your benefits.
- Ensure you provide your SIN along with proof of your contributions.
- Establish direct deposit to receive payments more quickly.
OAS Application:
- While many Canadians are automatically registered at the age of 65, if you are not, you will need to apply for a My Service Canada Account.
- You may need to provide proof of residency and details regarding your income.
- GIS is automatically evaluated if you apply for OAS and submit your taxes each year.
OAS & CPP Payment Dates November & December 2025
Both the Canada Pension Plan (CPP) and Old Age Security (OAS) payments are disbursed on the third-to-last business day of every month. The specific dates are as follows:
- October 29, 2025
- November 26, 2025
- December 22, 2025
- January 28, 2026
FACT CHECK
In November 2025, both the Canada Pension Plan (CPP) and Old Age Security (OAS) will offer retirees higher payments as a result of inflation adjustments and sustained improvements. This upcoming month, there will be some changes, updates, and we have mentioned all this in this article.
Frequently Asked Questions On OAS & CPP Payment Schedule For Nov/Dec 2025
What is the updated maximum monthly CPP payment for 2025?
The maximum monthly CPP retirement pension has risen to approximately $1,433.00 in 2025, an increase from $1,364.60 in 2024, reflecting a growth of 2.6%.
How frequently is CPP adjusted?
CPP is revised annually, in January, in accordance with fluctuations in the Consumer Price Index (CPI).
When will CPP payments be issued in November 2025?
CPP payments are distributed at the conclusion of each month. The scheduled CPP payment date for November 2025 is Wednesday, November 26th, 2025.
How often are OAS payments modified?
OAS payments are adjusted quarterly, specifically in January, April, July, and October, based on the CPI.
Clara Steve is a Senior Content Editor at ptetraj2022.com, with over five years of experience in creating compelling and strategic content. Holding a bachelor’s degree from a prestigious London university and a postgraduate degree from Yale University, Clara blends her global academic background with sharp editorial skills to produce engaging, high-quality content that resonates with diverse audiences.
