CPP Payment dates 2024 – Check here Canada pension payment dates

CPP payment dates

Canada pension plan payments are issued by the authorities every month to Canadian citizens aged 65 and above. We will cover all the information, such as CPP payment dates for 2024 and benefits, along with other relevant details.

The CPP payment date for December 2023 is set for December 21, the last business day of the third week of the month. Additionally, the Canada Pension plan payment dates, for 2024, are outlined below in this blog post.

It is not automatic, you must apply to register to receive your pension plan amount through direct bank transfer. You can also check it online by logging into your MSCA account on the official website.

What is CPP?

The Canada Pension Plan (CPP) is a retirement pension that you can receive a specified amount every month. It (CPP) offers tax benefits and deposits some of your income when you retire.

If you qualify, you will receive a CPP retirement pension on your registered account for the rest of your life.

But, to qualify you must meet the eligibility criteria, such as being at least 60 years old and making at least one valid contribution to the CPP.

CPP Pension Amount

The amount you receive each month is based on your average earnings throughout your working life, your contributions to the CPP, and the age you decide to start your CPP retirement pension. Your contributions to the CPP are based on your earnings.

The standard age to start the pension is 65. However, you can start receiving it as early as age 60 or as late as age 70. But, if you start your pension earlier, the monthly amount will be smaller.

If you decide to start later, you’ll receive a larger monthly amount. The maximum monthly amount you can receive is reached when you turn 70. However, the minimum amount and maximum amount can be $558, and $1200 per month respectively.

Canada pension payment date 2024

SchemeCanada pension plan (CPP)
Authorized BodyCanada government
Payment FrequencyMonthly basis
CPP Payment Amount$558.74 to $1250
CPP Payment DatesLast day of the third week of each month
Age criteria60 to 70 years
BeneficiariesCanadian citizen
Official Websitewww.canada.ca

Canada pension plan benefits

If you continue to work and are under age 70 when you receive a CPP retirement pension, you can continue to participate in the CPP.

  • Post-retirement benefits: Your CPP contributions will go toward post-retirement benefits (PRB), increasing your retirement income.
  • Disability benefit: The Canada Pension Plan (CPP) disability benefit is a monthly payment you can receive.
  • Post-retirement disability benefit: Applicants who have made good contributions may be eligible for this benefit in addition to their retirement pension.
  • Survivor’s pension: A survivor’s pension is a monthly payment made to the legal spouse or common-law partner of a deceased contributor.
  • Benefits for children under 25: The Canada Pension Plan (CPP) child benefits provide monthly payments to dependent children of disabled or deceased CPP contributors.

CPP Payment Dates Schedule for 2024

MonthCPP Payment Dates for 2024
January29 January 2024
February27 February 2024
March26 March 2024
April26 April 2024
May29 May 2024
June26 June 2024
July29 July 2024
August28 August 2024
September25 September 2024
October29 October 2024
November27 November 2024
December20 December 2024

Source – www.canada.ca

How can I get CPP payment details online?

You can visit your My Service Canada Account (MSCA) to view or print your Canada Pension Plan (CPP) contribution statement at your convenience.

MSCA is a secure online portal that allows you to access services for Employment Insurance (EI), Canada Pension Plan (CPP), Canada Pension Plan Disability, Old Age Security (OAS), Social Insurance Number (SIN) and Canada Apprentice Loan.


What is CPP?

A monthly payment and taxable benefit that is deducted from your income before you retire. If you qualify, you will receive a CPP retirement pension for the rest of your life.

Who is eligible for the Canada Pension Plan?

You must be at least 60 years of age, Canadian and have made valid contributions.

How do I apply for CPP?

If you qualify for CPP, you can apply online. You can also mail the completed form to a Service Canada office

How many years do you have to work to get CPP?

How much you receive depends on your earnings as well as your contributions.

What are the CPP payment dates in 2024?

CPP payment dates for 2024 are January 29, February 27, March 26, April 26, May 29, June 26, July 29, August 28, September 25, October 29, November 27, December 20.

How to update your CPP amount direct account deposit?

You can complete it in 3 ways – (i) eServiceCanada form (ii) Visit a Service Canada Office (iii) Contact the call centre responsible for the benefits you have received.

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