$1,300 CPP Payments Set for 2025 – See Eligibility Requirements and Payment Schedule

Thinking about retirement? The Canada Pension Plan (CPP) is about to play a bigger role in your financial future. In 2025, monthly CPP payments could reach up to $1,300—if you’ve contributed enough.

But most people get less than that. So, how do you know what you’ll get? And more importantly, how can you get more?

Let’s break it all down: eligibility, payment dates, how to apply, and smart ways to boost your retirement income.

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Overview

The Canada Pension Plan is a retirement income program for working Canadians. It’s managed by the federal government and funded through your paycheque.

If you’ve worked and contributed to CPP, you’re entitled to receive monthly payments starting as early as age 60.

Here’s a snapshot of what CPP looks like in 2025:

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Most retirees will receive less than the max, so knowing how to increase your benefit is key.

Amount

So, how much will you really get? It depends on a few things:

• Years of Contributions – The longer you paid into CPP, the more you get.
• Total Contributions – The more you earned and contributed, the higher your payout.
• Retirement Age – Retiring early cuts your CPP. Waiting increases it.
• Post-Retirement Work – Still working after 65? You could earn even more through PRBs.

Here’s how timing affects your CPP:

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Most Canadians get less than $1,000/month. The average in 2024 was $758.32.

Dates

Here’s when you can expect your CPP payments in 2025:

• January 29
• February 26
• March 26
• April 28
• May 28
• June 26
• July 29
• August 27
• September 26
• October 29
• November 26
• December 22

Tip: Make sure your banking info is up to date in your My Service Canada Account to avoid delays.

Eligibility

To qualify for CPP in 2025, you must:

• Be at least 60 years old
• Have made at least one valid contribution
• Submit an application (it’s not automatic)

The earlier you apply, the lower your monthly benefit. If you wait until 70, your payments grow by 42%.

Application

Here’s how to apply:

1. Log in to your My Service Canada Account (MSCA)
2. Select “Apply for CPP Retirement Pension”
3. Fill in your details: SIN, bank info, employer history
4. Choose your start date
5. Submit and wait 6–12 weeks for approval

Pro tip: Apply 6 months before your desired start date.

Boosting

Want to increase your CPP? Here’s what to do:

• Delay taking CPP – Every month after 65 adds 0.7%
• Work more years – More contributions = higher payouts
• Maximize your earnings – Earn above the yearly maximum pensionable earnings (YMPE)
• Keep working after 65 – You’ll earn Post-Retirement Benefits (PRBs)

Even small increases can mean thousands more over your retirement.

The bottom line? If you’re planning for retirement in 2025, knowing CPP is a must. With the right timing and strategy, you can boost your monthly income and make the most of your hard-earned benefits. Don’t just settle—optimize your payout and plan your future with confidence.

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