As we move into the final months of 2025, retirees across Canada can expect adjustments to their government benefits. The CPP and OAS programs will both see increases in November 2025, offering slightly higher payments to help older Canadians keep up with rising living costs. These changes reflect ongoing efforts to align retirement income with inflation and overall cost-of-living increases.
Whether you’re already receiving payments or planning to retire soon, it’s important to know the new CPP and OAS rates, when you’ll get paid, and how these adjustments can impact your financial planning.
Table of Contents
Overview
The Canada Pension Plan (CPP) and Old Age Security (OAS) are two of the most important government-funded retirement income supports. These payments are regularly indexed to inflation to maintain their value over time.
Here’s a snapshot of the November 2025 update:
| Program | Adjustment | New Monthly Amount (Max) |
|---|---|---|
| CPP | +2.6% | $1,433.00 |
| OAS (65–74) | +1.0% | $734.95 |
| OAS (75+) | +1.0% | $808.45 |
These amounts are automatically applied; there’s no need to reapply or fill out extra paperwork.
Details
Here are the key details of the upcoming CPP and OAS changes:
| Detail | Information |
|---|---|
| Programs Affected | CPP & OAS |
| Effective Date | 29th November 2025 |
| Indexing Basis | Based on CPI |
| Authority | Canada Revenue Agency / Service Canada |
| Status | Scheduled, not yet implemented |
| Access Methods | Direct deposit or cheque |
| Official Resource | canada.ca |
CPP Adjustment
The Canada Pension Plan (CPP) is adjusted annually in January based on the average Consumer Price Index (CPI) over the last 12 months.
In 2025, this CPI-based increase is 2.6%, resulting in a new max monthly CPP retirement benefit of $1,433.00.
You can start receiving CPP as early as age 60 or delay up to age 70, with increased monthly benefits for deferral.
CPP Deferral Example
| Claim Age | Monthly Amount (Approx.) |
|---|---|
| Age 65 | $1,000 |
| Age 70 | ~$1,420 |
Each month you delay after age 65 adds 0.7% to your benefit (8.4% per year).
OAS Adjustment
Old Age Security is indexed quarterly (January, April, July, and October) using CPI. The increase from July 2025 carries over into November with a 1.0% rise in OAS payments.
| Age Group | Monthly Amount |
|---|---|
| 65–74 | $734.95 |
| 75+ | $808.45 |
If you choose to defer OAS past 65, you’ll get 0.6% more per month of deferral, or 7.2% per year, up to age 70.
OAS Deferral Example
| Claim Age | Monthly Amount |
|---|---|
| Age 65 | $734.95 |
| Age 70 | ~$1,043 |
Payment Date
Mark your calendars — the next CPP and OAS payment with new adjusted rates will be made on:
| Payment Type | Date |
|---|---|
| CPP & OAS | 29th November 2025 |
Payments are deposited directly to your bank account or sent by cheque if you’re not enrolled in direct deposit.
How to Check Your Benefits
Want to confirm your CPP and OAS amounts? Here’s how to do it:
- Online: Log into your My Service Canada Account (MSCA)
- Bank Statement: Look for “Government of Canada Deposit”
- Call: Service Canada at 1-800-277-9914
- Paper Mail: Annual benefit statements can be requested
Make sure your personal info and banking details are always up to date.
Long-Term Outlook
Many Canadians worry whether CPP and OAS will be around when they need them. Fortunately, both programs are considered stable — for now.
CPP
- Funded by employer and employee contributions
- Managed by Canada Pension Plan Investment Board (CPPIB)
- Sustainable for at least the next 75 years, according to actuary reports
OAS
- Funded by general government revenue
- No direct contributions from workers
- Gradual adjustments are being made, including the 10% boost for seniors 75+
These programs will likely continue to evolve as Canada’s senior population grows.
Fact Check
To clear up any confusion:
- CPP max monthly retirement benefit = $1,433.00
- OAS = $734.95 (65–74) and $808.45 (75+)
- Increases are automatic — no need to reapply
- Payment date = 29th November 2025
FAQs
When will CPP and OAS increase?
On 29th November 2025, the new rates will apply.
Do I need to reapply for the increase?
No, increases are automatic for eligible recipients.
What is the new max CPP amount?
$1,433.00 per month after the 2.6% increase.
How much OAS will seniors 75+ get?
$808.45 per month starting November 2025.
Can I check my CPP & OAS online?
Yes, through your My Service Canada Account (MSCA).
