Fresh payments under the Canada Pension Plan will be rolled out on Wednesday. These monthly benefits give steady financial support to millions of Canadians and remain an important part of the country’s social safety system.
The CPP is known for being one of Canada’s most stable income programs. It provides regular payments to retired workers, people with long-term disabilities, and families who qualify for survivor benefits. This ensures people continue to receive financial help when they need it.
What is the Canada Pension Plan?
The Canada Pension Plan is a national program that replaces part of a worker’s income after they retire or if they develop a long-term disability. It also supports families through survivor benefits when a contributor passes away.
The plan is funded through contributions made by both employees and employers, up to a yearly limit. Anyone earning employment income in Canada automatically contributes a fixed percentage of their wages. These contributions determine the amount a person receives later in life.
CPP retirement payment
CPP monthly payments are vital for seniors, people living with disabilities, and surviving family members. The maximum CPP retirement payment for new recipients at age 65 is $1,433 in 2025. However, most people get much less. The average monthly CPP retirement payment is $848.37 (July 2025 data), since the amount depends on how much a person contributed throughout their working years. Many Canadians do not contribute the maximum each year, so their benefits fall below the top payout.
Many Canadians do not contribute the maximum each year, so their benefits fall below the top payout.
CPP all payment release dates
With the November payment locked in for the 26th, here are the upcoming CPP dates for 2025–26. Most of them fall during the last week of each month, according to Immigration News Canada.
November 26, 2025
December 22, 2025
January 28, 2026
February 25, 2026
March 27, 2026
April 28, 2026
May 27, 2026
June 26, 2026
July 29, 2026
August 27, 2026
September 25, 2026
October 28, 2026
November 26, 2026
December 22, 2026