The Canada Pension Plan (CPP) and Old Age Security (OAS) payments remain two of the most crucial sources of income for millions of retired Canadians. As 2025 comes to a close, the Government of Canada has officially confirmed the November 2025 payment schedule, including details about direct deposit dates, eligibility, and what retirees can expect in terms of rate increases.
If you’re a CPP or OAS recipient, here’s everything you need to know about when the funds will arrive, how much you can expect, and how these payments continue to adjust with the cost of living.
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CPP and OAS: The Foundation of Canada’s Retirement Income
The Canada Pension Plan (CPP) and Old Age Security (OAS) form the backbone of Canada’s public retirement system.
- CPP provides a monthly taxable benefit to contributors who have worked in Canada and paid into the plan.
- OAS is a separate program funded through general tax revenues and available to most Canadians aged 65 and older, regardless of work history.
Together, these programs support more than 7 million Canadian seniors in maintaining financial stability during retirement.
November 2025 CPP and OAS Payment Dates
The official CPP and OAS payment date for November 2025 has been confirmed as:
Wednesday, November 26, 2025
Those who receive payments through direct deposit can expect to see funds in their bank accounts early in the day, while those receiving cheques may experience a delay of a few business days depending on mail service and location.
Full List of Remaining 2025 Payment Dates
For reference, here are all 2025 payment dates for both CPP and OAS:
- January 29
- February 26
- March 27
- April 28
- May 28
- June 26
- July 29
- August 27
- September 25
- October 29
- November 26
- December 22
Payments are typically issued on the third-to-last banking day of each month.
CPP Payment Details for November 2025
CPP payments depend on how long and how much you have contributed to the plan throughout your working years.
As of January 2025, the maximum monthly CPP payment at age 65 was $1,433.00, while the average payment was around $844.53.
These figures are adjusted annually to reflect changes in the Consumer Price Index (CPI), ensuring CPP keeps up with inflation.
Factors That Influence CPP Amounts:
- Your average earnings throughout your working life
- The age you begin receiving your pension (payments increase by 0.7% for every month you delay after 65)
- Your total contributions to the CPP
- Whether you’re eligible for other CPP benefits, such as the Post-Retirement Benefit (PRB) or Disability Pension
If you want to estimate your monthly amount, you can use the My Service Canada Account (MSCA) portal, which provides personalized information about your CPP contributions and projected benefits.
OAS Payment Details for November 2025
OAS payments are reviewed four times a year — in January, April, July, and October — to adjust for inflation.
From October to December 2025, the maximum OAS amounts are as follows:
- Ages 65–74: $740.09 per month (up from $734.95)
- Ages 75 and over: $814.10 per month (up from $808.45)
This increase reflects a 0.7% quarterly rise — or roughly 1.7% annually — to keep pace with cost-of-living changes measured by the Consumer Price Index.
Eligibility Criteria for OAS:
To receive OAS, you must:
- Be 65 years of age or older
- Be a legal resident of Canada at the time of approval
- Have lived in Canada for at least 10 years after the age of 18
- Have an annual net income below the clawback thresholds:
- Under $151,497 (ages 65–74)
- Under $154,196 (ages 75+)
OAS is not contribution-based, so even Canadians with limited work history can qualify.
Direct Deposit Strongly Recommended
The Government of Canada urges all CPP and OAS recipients to sign up for direct deposit through their financial institution or My Service Canada Account.
Direct deposit ensures:
- Faster access to funds
- Protection from mail delays or postal disruptions
- Secure and automatic monthly payments
If you still receive your benefit by cheque, note that postal delivery may take longer, particularly in rural areas or during peak mail periods.
What If You Don’t Receive Your Payment?
If your CPP or OAS payment does not appear in your account by the end of November 28, 2025, Service Canada recommends waiting 10 business days before contacting them.
You can reach Service Canada by:
- Visiting a local Service Canada Centre
- Logging into your My Service Canada Account (MSCA) to check status updates
Combined CPP and OAS Benefits for Seniors
Many Canadian seniors receive both CPP and OAS, resulting in a total combined benefit that can exceed $2,100 per month depending on individual eligibility.
Additionally, low-income seniors may qualify for the Guaranteed Income Supplement (GIS), which provides additional tax-free payments based on income level.
Together, these programs help reduce poverty among older Canadians and provide essential financial stability in retirement.
The November 2025 CPP and OAS payments are set to arrive on Wednesday, November 26, 2025, ensuring that millions of Canadian retirees receive their income before the holiday season.
With ongoing cost-of-living adjustments and government reviews every quarter, seniors can expect their benefits to keep pace — even as inflation moderates heading into 2026.
Those not yet signed up for direct deposit are encouraged to register immediately through their My Service Canada Account to ensure timely payments and peace of mind.