CPP

CPP Retirees Get $1,570 Increase In May 2025 – Eligibility, Payment Details, And How To Claim

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CPP Retirees Get $1,570 Increase In May 2025 – Eligibility, Payment Details, And How To Claim

Canadian retirees have a reason to celebrate as the Canada Pension Plan (CPP) undergoes a significant enhancement in May 2025.  Eligible recipients will see an annual increase of up to $1,570, reflecting the government’s commitment to supporting seniors amid rising living costs.  This article provides a comprehensive overview of the increase, eligibility criteria, and steps to claim the … Read more

CPP And OAS Payments Increase In 2025 – Who’s Eligible For The New $1,364+ Monthly Boost?

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CPP And OAS Payments Increase In 2025 – Who’s Eligible For The New $1,364+ Monthly Boost?

In May 2025, Canadians aged 60 and over are seeing a significant increase in retirement pension payments. The Canada Pension Plan (CPP) now offers a maximum monthly benefit of $1,433, while the Old Age Security (OAS) payment for those aged 75 and over has climbed to $800.44/month. Together, this gives eligible retirees a possible combined federal retirement benefit of $2,233.44/month, or over $26,800/year—a welcome improvement … Read more

CPP Survivor Benefits May 2025 – Who’s Eligible And How Much Can You Get?

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CPP Survivor Benefits May 2025 - Who’s Eligible And How Much Can You Get?

Losing a loved one is never easy, and financial hardship can make it even harder. The Canada Pension Plan (CPP) Survivor Benefits exist to help surviving spouses, partners, and dependents navigate the financial challenges that come with the death of a contributor. As of May 2025, several updates have been made to ensure better support and increased accessibility … Read more