Canada’s $1,620, $1,950 & $2,700 CPP and OAS Benefits in August 2025 – Check Eligibility Criteria!

Canadian seniors planning retirement or already receiving public pension benefits need to stay informed about the current figures for CPP, OAS, and GIS. In August 2025, many are seeing monthly payments of $1,620, $1,950, or even $2,700, depending on their eligibility and income. These combined payments are more than just numbers—they are a lifeline for maintaining financial independence in retirement.

Overview

Public retirement income in Canada typically comes from three main sources: Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS) for low-income seniors. These programs are designed to work together to provide a basic monthly income and help retirees manage essential expenses like housing, food, and healthcare.

Feature	Details
CPP Max (Age 65)	$1,433.00/month
CPP Average (2025)	~$808.14/month
OAS Max (Age 65-74)	$727.67/month
OAS Max (Age 75+)	$800.44/month
GIS Max (Single, Low Income)	$1,086.88/month
August 2025 Payment Date	August 28, 2025

Breakdown

Let’s take a closer look at what each of the commonly reported total benefit figures includes.

$1,620/month Scenario

• CPP (Average): ~$820
• OAS (Ages 65–74): $727.67
• Total: ~$1,620/month

This scenario reflects what many mid-income seniors receive, especially those with a steady work history and modest contributions to CPP.

$1,950/month Scenario

• CPP (Above Average Contributor): ~$1,150
• OAS (Age 75+): $800.44
• Total: ~$1,950/month

This applies to seniors who contributed more consistently and are receiving the OAS boost that begins at age 75.

$2,700/month Scenario

• CPP (Maximum): $1,433
• OAS (Age 75+): $800.44
• GIS (Single, Low-Income): $1,086.88
• Total: ~$2,700/month

This reflects maximum income for those receiving the full CPP, OAS, and GIS—usually single retirees with low additional income.

CPP

The Canada Pension Plan provides retirement income based on your work history. Contributions are made through employment earnings and determine how much you’ll receive.

• You can start as early as age 60 (with reductions)
• Full benefits at age 65
• Increased benefits if delayed until age 70
• You must apply through your My Service Canada Account

OAS

Old Age Security is based on residency, not work history. It’s funded through general taxes and is available to seniors aged 65 and older.

• You must have lived in Canada for at least 10 years after age 18
• Payments increase at age 75
• If your income exceeds $86,912, a portion of your OAS is clawed back

You can receive OAS even while living abroad if you meet residency conditions.

GIS

GIS is an additional monthly benefit for low-income OAS recipients. It is non-taxable and varies based on income and marital status.

• Available only to those receiving OAS
• Income-tested with a strict threshold
• Must apply through Service Canada
• Helps fill the gap for seniors with little or no additional retirement income

Tips

Delaying CPP to age 70 increases your payment by 0.7% per month, up to 42% more. This can offer significantly more income later in life.

Check Your Contribution Record

Log in to My Service Canada Account to review your CPP contribution history. This helps project your expected benefit and correct any errors early.

Avoid OAS Clawback

Keep your net income under $86,912 to avoid the 15% recovery tax on OAS. You can do this by controlling taxable withdrawals from RRSPs or other income sources.

Apply Early

Start your applications for CPP, OAS, and GIS six months before your desired start date. This prevents delays in your payments.

Use Pension Splitting

If you and your spouse both receive CPP, pension splitting can lower your tax burden and help avoid the OAS clawback threshold.

Payment Date

Your next payment will be issued on:

August 28, 2025

Make sure your direct deposit information is current in your My Service Canada Account to avoid delays.

FAQs