| Date | Day |
|---|
How the dates work
CPP and OAS (including the Guaranteed Income Supplement and Allowance) are paid together, usually in the last three business days of the month. December's payment comes earlier, before the holidays. Service Canada administers both.
Direct deposit vs cheque
Direct deposit arrives on the payment date. Cheques are mailed to arrive around the same date, but can take longer. You can sign up for direct deposit through My Service Canada Account or your bank.
If a payment is late
Wait three business days after the payment date, then contact Service Canada at 1-800-277-9914. Check your My Service Canada Account first, since address or banking changes are a common cause of delays.
CPP vs OAS in one minute
- CPP is based on what you contributed while working. You can start it from 60 to 70; it's larger the later you start.
- OAS is based on how long you've lived in Canada after 18, starts at 65 (deferrable to 70), and is reduced for higher incomes through the recovery tax.
Frequently asked questions
When is the next CPP payment?
See the table above. The next date is the first one not crossed out.
Are CPP and OAS paid on the same day?
Yes. Both are paid on the same date each month.
Is CPP taxable?
Yes. CPP and OAS are taxable income. You can ask Service Canada to deduct tax at source.
Sources
- Government of Canada, CPP and OAS payment dates
- Government of Canada, Benefits payment dates