The Canada Pension Plan (CPP) payment for April 2025 is scheduled to be issued on Monday, April 28, 2025. These monthly payments are a key financial lifeline for retired and disabled Canadians, as well as surviving spouses and children.
They provide income stability during retirement or periods of loss and disability. Most recipients receive their funds via direct deposit, ensuring timely and secure delivery to their bank accounts.
How Much Will You Receive in April?
The maximum monthly CPP retirement payment for those starting at age 65 in 2025 is $1,433.00. However, the actual amount you receive will depend on your:
- Years of contribution to Canada Pension Plan
- Average annual earnings
- Age when you start collecting benefits
The average payment is typically lower than the maximum, as not all contributors meet the full earnings or contribution requirements. The average monthly amount for new retirement pension beneficiaries in 2025 is approximately $899.67.
Canada Pension Plan Payment Overview
| Benefit Type | Average Monthly Amount (2025) | Maximum Monthly Amount (2025) |
|---|---|---|
| Retirement Pension (age 65) | $899.67 | $1,433.00 |
| Disability Benefit | $1,203.88 | $1,673.24 |
| Survivor’s Pension (under 65) | $535.11 | $770.88 |
| Survivor’s Pension (65 and over) | $323.59 | $859.80 |
| Combined Retirement & Survivor Pension | $1,073.76 | $1,449.53 |
Note: Amounts are subject to change based on inflation adjustments and annual reviews.
CPP Eligibility Requirements
To be eligible for Canada Pension Plan retirement benefits:
- You must be at least 60 years old.
- You must have made at least one valid contribution to the CPP during your working life.
Canada Pension Plan contributions are deducted automatically from employment income, and self-employed workers are required to pay both the employer and employee share.
You can start receiving CPP benefits as early as age 60 (with a reduction) or delay until age 70 (for a boost in monthly benefits).
How to Apply for CPP
If you haven’t applied yet and think you qualify:
- Apply online through your My Service Canada Account.
- Mail a completed application form to the appropriate Service Canada office.
- Visit a Service Canada Centre for in-person support.
It’s recommended to apply at least six months before the month you want your pension to begin.
Smart Tips to Maximize Your CPP Benefits
- Delay Your Start: Each month you delay past age 65 increases your benefit.
- Work Longer: Additional years of higher earnings can boost your average pensionable earnings.
- Track Your Record: Regularly review your Canada Pension Plan contribution history to catch errors and plan more effectively.
Keeping your records accurate ensures you get the full amount you’re entitled to upon retirement.
The April 2025 CPP payment is just around the corner, with qualified recipients set to receive their funds on April 28.
Understanding how your payment amount is calculated, when you’ll receive it, and how to maximize your benefit can make a significant difference in your long-term financial security.
Whether you’re nearing retirement or already collecting benefits, stay informed and proactive. Review your contribution history, consider the timing of your retirement, and keep your personal information up to date to avoid delays.
Your Canada Pension Plan payment is more than a monthly deposit—it’s a key part of your retirement foundation.
FAQs
Can I still work while receiving CPP?
Yes. If you’re under 70 and continue working, you can also contribute to the Post-Retirement Benefit to increase your future payments.
Are CPP payments adjusted for inflation?
Yes. CPP is indexed annually to the Consumer Price Index, helping protect your retirement income from inflation.
What happens if I take CPP before age 65?
Your payments will be permanently reduced by 0.6% for each month you receive benefits before 65—up to a maximum 36% reduction if you start at 60.