CPP Payment Dates 2026

Exact dates your Canada Pension Plan payments are deposited — every month of 2026.

Service Canada deposits CPP payments on a fixed schedule throughout the year. Payments are always made on a Wednesday, and most direct-deposit recipients see funds in their account the same day. If you're still receiving a cheque, allow 2–5 business days for mail delivery.

2026 CPP Payment Schedule

MonthPayment DateDay
January 2026January 28, 2026Wednesday
February 2026February 25, 2026Wednesday
March 2026March 25, 2026Wednesday
April 2026April 29, 2026Wednesday
May 2026May 27, 2026Wednesday
June 2026June 24, 2026Wednesday
July 2026July 29, 2026Wednesday
August 2026August 26, 2026Wednesday
September 2026September 23, 2026Wednesday
October 2026October 28, 2026Wednesday
November 2026November 25, 2026Wednesday
December 2026December 23, 2026Wednesday
Tip: Set a calendar reminder for the 23rd–29th of each month so you know when to expect your deposit. If your payment is more than 2 business days late, call Service Canada at 1-800-277-9914.

How Much Will You Receive in 2026?

CPP amounts vary based on your contribution history, the age you started collecting, and annual cost-of-living adjustments. For 2026, the maximum monthly CPP retirement benefit is $1,433.00 (for someone who took CPP at age 65 with maximum contributions). The average new beneficiary receives around $870/month.

Benefit TypeMaximum 2026Average 2026
CPP Retirement (age 65)$1,433.00/mo~$870/mo
CPP Retirement (age 60, early)$1,003.10/mo~$609/mo
CPP Retirement (age 70, delayed)$2,034.86/mo~$1,235/mo
CPP Disability$1,673.24/mo~$1,100/mo
CPP Survivor (under 65)$739.31/mo~$500/mo
CPP Survivor (65+)$859.80/mo~$345/mo

How CPP Payments Are Made

Direct Deposit (Recommended)

Direct deposit is free, secure, and gets your money to you faster. You can set it up through My Service Canada Account online, or by calling 1-800-277-9914. You'll need your banking institution number, transit number, and account number.

Cheque by Mail

If you don't have direct deposit, Service Canada mails a cheque on the payment date. Allow 5–7 business days for delivery. During the December holiday season, mail may be slower — cheques for December are sent early (December 23) to account for this.

CPP Payment Amounts Increase Each Year

CPP benefits are indexed to the Consumer Price Index (CPI). In January of each year, Service Canada adjusts all CPP payments to reflect inflation. For 2026, benefits increased by approximately 2.5% from 2025 levels. This automatic indexing protects your purchasing power over time.

What to Do If Your Payment Is Late or Missing

CPP and Taxes

CPP payments are taxable income. Service Canada will send you a T4A(P) slip each February showing the total CPP you received in the previous year. You must report this income on your tax return. If too much tax is being withheld (or not enough), you can request an adjustment through CRA My Account or by filing a TD1 form.

No Clawback: Unlike OAS, CPP is not subject to a recovery tax (clawback) regardless of how much other income you have. You keep every dollar.

CPP Enhancements: Phase 2 Now Active

The federal government completed Phase 2 of CPP Enhancement in 2025. Workers who contributed to the enhanced CPP between 2019–2025 will receive a supplementary benefit on top of the base CPP. This extra amount is shown separately on your Statement of Contributions available through My Service Canada Account.

CPP Calculator 2026 Maximum CPP 2026 When to Take CPP CPP at 60 vs 65 vs 70 OAS Payment Dates 2026

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