The Canada Pension Plan (CPP) is scheduled to issue its monthly pension payment of up to CAD $1,433 on June 28, 2025. This payment is part of the regular support provided to retired and eligible Canadians who have contributed to the CPP over their working years. With higher cost-of-living adjustments applied in 2025, more seniors are expected to receive the maximum amount, or close to it. Here’s who qualifies and how to make sure your payment arrives on time.
Who Qualifies for the June 2025 CPP Payment?
To be eligible for the June 28 CPP payment, you must be at least 60 years old and have made valid CPP contributions through employment or self-employment during your working years. Individuals who already receive CPP retirement benefits, CPP disability benefits, or survivor benefits are included. The final amount you receive depends on your average lifetime earnings and contribution history.
| Eligibility Criteria | Requirement |
|---|---|
| Age Requirement | 60 years or older |
| Contribution History | Valid CPP contributions over working life |
| Current CPP Recipient | Automatically receives monthly benefit |
| Citizenship | Must be a Canadian citizen or legal resident |
| Application Status | Application must be approved by Service Canada |
How Much Will You Receive?
The maximum CPP monthly payment for retirees in 2025 is CAD $1,433, though most people receive less based on their personal contribution record. The average payment as of mid-2025 is around CAD $758. If you delayed your CPP until age 70, you may receive an increased benefit. This amount is adjusted annually for inflation, and higher payouts are expected in 2025 due to rising living costs.
When and How Will the Payment Be Delivered?
The payment will be directly deposited into recipients’ bank accounts on Friday, June 28, 2025. If you have set up direct deposit with Service Canada, no action is needed. Paper checks may take additional time and could arrive in early July. It’s recommended to log in to your My Service Canada Account (MSCA) to ensure your banking and contact details are correct before the payment date.
What to Do If You Haven’t Applied Yet
If you’re eligible but haven’t yet applied for CPP benefits, now is the time to act. You can apply online through My Service Canada Account or submit a paper application by mail. Processing can take up to 120 days, so starting early ensures you won’t miss future payments. Remember, CPP payments do not start automatically—you must apply and be approved to begin receiving benefits.
The CAD $1,433 CPP payment on June 28, 2025, offers essential monthly income to millions of retired and eligible Canadians. Whether you receive the full amount or a partial benefit, staying informed about eligibility, direct deposit, and updates to your Service Canada account is key. Make sure your records are current so you don’t miss out on timely support during your retirement years.
FAQ’s:
1. Do I need to reapply for CPP every year?
No, once your CPP application is approved, payments are issued monthly without reapplying.
2. What if I don’t receive my payment on June 28?
Check your MSCA portal for status updates and confirm that your direct deposit info is correct.
3. Can I still receive CPP if I live outside Canada?
Yes, Canadian citizens living abroad may still qualify if they’ve made valid contributions.
4. Is the $1,433 amount fixed for everyone?
No, it’s the maximum. Your actual amount depends on your contribution history and age of application.
5. Can I receive CPP and Old Age Security (OAS) together?
Yes, eligible individuals can receive both benefits at the same time.
