Navigating retirement income in Canada can feel complicated—but understanding your Old Age Security (OAS) and Canada Pension Plan (CPP) payments doesn’t have to be. With both programs playing a key role in supporting seniors, knowing when you’ll get paid, how much you can expect, and whether you qualify is essential. In this guide, we’ll walk you through everything you need to know for June 2025, from payment dates and benefit amounts to how to check your account and avoid common tax surprises.
Payment
For June 2025, both OAS and CPP payments are scheduled to arrive on June 28, 2025. If you’re set up for direct deposit, expect to see the funds in your account that day. Cheques might take a few days longer to arrive in the mail.
Here’s a quick reference table:
| Program | Payment Date | Max Monthly Amount | Average Monthly Amount |
|---|---|---|---|
| OAS | June 28, 2025 | $727.67 (65–74), $800.44 (75+) | Varies by age |
| CPP | June 28, 2025 | $1,433.00 | $899.67 |
OAS
Old Age Security is a monthly pension paid to most Canadians aged 65 and older. The key difference between OAS and CPP is that OAS doesn’t depend on your work history—it’s based on how long you’ve lived in Canada after turning 18.
Eligibility
You must:
- Be 65 years or older
- Be a Canadian citizen or legal resident
- Have lived in Canada for at least 10 years after age 18
If you’re applying from outside Canada, the minimum residency increases to 20 years.
Payment Amounts (as of June 2025)
- Ages 65–74: Up to $727.67/month
- Ages 75+: Up to $800.44/month
These amounts are reviewed and adjusted every quarter to match inflation (using the Consumer Price Index).
CPP
The Canada Pension Plan is a monthly retirement income based on your contributions while working. The more you earned and contributed over your career, the more you’ll receive.
Eligibility
You must:
- Be at least 60 years old
- Have made at least one valid contribution to CPP
You can start CPP as early as age 60 (with reduced payments), or delay up to age 70 to receive more each month.
Payment Amounts (2025)
- Maximum: $1,433/month
- Average: About $899.67/month
Keep in mind, few retirees get the full amount—it depends on your work and contribution history.
Check
Wondering if your payment is on the way or how much you’ll receive? Here are three ways to check:
1. Online via My Service Canada Account (MSCA)
- Log in with your GCKey or banking sign-in partner
- Select “CPP” or “OAS” under benefit information
- See payment dates, amounts, and application updates
2. By Phone
Call 1-800-277-9914 Monday to Friday during business hours. Be ready with your Social Insurance Number (SIN).
3. In Person
Visit a local Service Canada Centre for help with your file, especially if your situation is complicated.
Tax
Both OAS and CPP are taxable, so be prepared for deductions or repayment if your income is higher.
OAS Recovery Tax (Clawback)
If your annual income in 2025 exceeds $86,912, part or all of your OAS payment will be clawed back.
CPP Tax
You can ask to have tax withheld from your monthly CPP payment. This avoids surprises at tax time. Use form ISP3520 or request it online through your MSCA.
Extras
Besides OAS and CPP, seniors may also qualify for additional benefits:
1. Guaranteed Income Supplement (GIS)
- Extra, non-taxable benefit for low-income seniors receiving OAS
- Amount depends on your annual income
- Automatically applied if you qualify and file taxes
2. Allowance
- For spouses or partners of GIS recipients
- Must be aged 60–64 and meet income requirements
3. Allowance for the Survivor
- For low-income widows/widowers aged 60–64
- Paid until age 65 when you transition to regular OAS and GIS
These extra programs are especially important if you’re living on a tight budget. Be sure to file your taxes every year to keep receiving them.
Keeping track of OAS and CPP payments doesn’t have to be stressful. With the right tools and info, you can plan your monthly budget confidently and make the most of what’s available to you. Be sure to keep your personal details current in your Service Canada account and consult a tax professional if your income is changing.
FAQs
When is OAS paid in June 2025?
June 28, 2025 is the OAS payment date.
Who qualifies for CPP?
Canadians aged 60+ with valid CPP contributions.
How much is the max OAS in 2025?
$800.44/month for seniors aged 75 and up.
Is OAS based on income?
No, but high earners may repay some via clawback.
How can I check my CPP payment?
Use My Service Canada Account or call 1-800-277-9914.
