If you’re a Canadian senior planning your retirement—or already receiving public pension benefits—you’ve probably come across the figures $1,620, $1,950, and $2,700 when talking about monthly retirement income. These amounts aren’t random. They reflect common combinations of Canada Pension Plan (CPP), Old Age Security (OAS), and in some cases, the Guaranteed Income Supplement (GIS).
In this guide, we’ll explain where these numbers come from, who qualifies, how payments are calculated, and how you can get the most out of your retirement benefits.
Overview
These three monthly payment combinations—$1,620, $1,950, and $2,700—represent different income scenarios based on your work history, age, and financial status. Whether you’re receiving average CPP, getting the age-75 OAS boost, or qualify for GIS, here’s how these amounts can apply to you.
| Benefit Type | Monthly Max (2025) |
|---|---|
| CPP (Age 65) | $1,433.00 |
| CPP (Average) | ~$808.14 |
| OAS (Age 65–74) | $727.67 |
| OAS (75+) | $800.44 |
| GIS (Single, Low Income) | $1,086.88 |
| June Payment Date | June 28, 2025 |
What Are CPP and OAS?
CPP is a work-based pension. If you were employed or self-employed in Canada, contributions were taken off your pay and put into the plan.
- You can start CPP as early as age 60
- Full amount is available at age 65
- Monthly amount depends on earnings and contribution years
- Delaying CPP until age 70 boosts the monthly amount by up to 42%
CPP also includes disability, survivor, and children’s benefits under specific conditions.
Old Age Security (OAS)
OAS is not based on employment. It’s a residency-based pension paid from general tax revenue.
- Available at age 65
- You need 10+ years of Canadian residency after age 18
- Extra increase after age 75
- Subject to income clawback if earnings exceed $86,912 in 2025
You can still get OAS if you move abroad, as long as you meet residency criteria.
Guaranteed Income Supplement (GIS)
GIS is an additional non-taxable benefit added to OAS for low-income seniors.
- For OAS recipients with income below ~$21,456 (single)
- Monthly payment varies based on income and marital status
- Application is required via Service Canada
Monthly Scenarios
Let’s break down each of the most common benefit combinations seniors may receive in June 2025.
$1,620/month Scenario
- CPP (Average): ~$820
- OAS (Ages 65–74): $727.67
- Total: ~$1,620/month
This is typical for many seniors who contributed steadily to CPP and are receiving regular OAS.
$1,950/month Scenario
- CPP (Higher Contributor): ~$1,150
- OAS (75+): $800.44
- Total: ~$1,950/month
This applies to individuals with higher lifetime earnings and who have reached 75, triggering the OAS increase.
$2,700/month Scenario
- CPP (Maximum): $1,433.00
- OAS (75+): $800.44
- GIS (Low Income): $1,086.88
- Total: ~$2,700/month
This amount is only possible for low-income seniors who receive the maximum from all three programs. It highlights the importance of GIS for those without other retirement income sources.
Who Qualifies?
- Be at least 60
- Have made at least one valid CPP contribution
- Apply online or by mail via My Service Canada Account
Note: Starting early reduces payments, while delaying boosts them.
OAS Eligibility
- Be 65 or older
- Have lived in Canada for at least 10 years after turning 18
- Application is automatic for many, but not all
OAS is portable—you may still receive it abroad if you meet residency requirements.
GIS Eligibility
- Must already receive OAS
- Income must be below GIS thresholds
- Application required through Service Canada
This supplement can significantly boost retirement income for those living on a small budget.
When Will You Get Paid?
The June 2025 payment date for CPP and OAS is:
June 28, 2025
Payments are usually issued on the last weekday of the month. To avoid delays, make sure your direct deposit information is current through your My Service Canada Account.
Tips to Maximize Your Benefits
1. Delay CPP
Delaying your CPP after age 65 increases your monthly benefit by 0.7% per month, up to a 42% increase if you wait until age 70.
2. Review Your Contribution Record
Log into My Service Canada Account to see your complete CPP history. This helps you estimate future payments and verify accuracy.
3. Avoid the OAS Clawback
If your income exceeds $86,912 in 2025, your OAS will be reduced. Use income-splitting or strategic RRSP withdrawals to stay below this threshold.
4. Apply Early
Submit your CPP and OAS applications at least 6 months before you want your payments to begin. This avoids approval delays.
5. Split CPP with Your Spouse
If you’re both receiving CPP, consider splitting it to lower taxable income and possibly avoid the OAS clawback.
Knowing how CPP, OAS, and GIS work together helps you build a reliable retirement income. Whether you’re looking at $1,620, $1,950, or up to $2,700 per month, knowing how to qualify and apply can make a huge difference in your financial security.
FAQs
What is the CPP max for 2025?
The maximum CPP payment is $1,433.00/month in 2025.
When will June 2025 payments arrive?
CPP and OAS will be paid on June 28, 2025.
Who qualifies for GIS?
Low-income seniors who already receive OAS.
Can I get both CPP and OAS?
Yes, if you’re eligible for both, you can receive them together.
How can I increase CPP payments?
Delay taking CPP until age 70 to boost payments by up to 42%.
