CPP payment dates 2026
The Canada Pension Plan pays out once a month, on the third-to-last business day. Old Age Security lands on the same dates, so if you collect both they arrive together. Here is the full 2026 schedule — plus how the dates are set and what the annual inflation increase means for your cheque.
| Month | Payment date | Day |
|---|---|---|
| January | January 28, 2026 | Wednesday |
| February | February 25, 2026 | Wednesday |
| March | March 27, 2026 | Friday |
| April | April 28, 2026 | Tuesday |
| May | May 27, 2026 | Wednesday |
| June | June 26, 2026 | Friday |
| July | July 29, 2026 | Wednesday |
| August | August 27, 2026 | Thursday |
| September | September 25, 2026 | Friday |
| October | October 28, 2026 | Wednesday |
| November | November 26, 2026 | Thursday |
| December | December 22, 2026 | Tuesday |
Source: Service Canada. Dates apply to CPP, OAS, GIS, and CPP disability and survivor benefits. Payments after the listed date may indicate a cheque in the mail rather than direct deposit.
How CPP payment dates are set
CPP is deposited on the third-to-last business day each month, so the exact date shifts with weekends and holidays — December pays earlier.Service Canada deposits the Canada Pension Plan on the third-to-last business day of each month. Because that rule depends on weekends and statutory holidays, there is no single fixed calendar date — the deposit usually falls between the 22nd and the 29th. December is the exception: the payment is moved earlier (December 22 in 2026) so it arrives before the holidays.
- Direct deposit puts the money in your account on the payment date itself.
- Cheques by mail can take several extra business days to arrive — one reason to switch to direct deposit through My Service Canada Account.
- CPP and OAS share the schedule, so a combined CPP + OAS payment lands as a single deposit on the same day.
The 2026 inflation increase
CPP is indexed to inflation every January, permanently raising payments — the 2026 maximum at 65 is $1,507.65 a month, though most receive less.CPP is indexed to the Consumer Price Index every January, so your payment rises with inflation at the start of each year — and the increase is permanent. The maximum CPP retirement pension at age 65 is $1,507.65 per month for 2026. Most Canadians receive well under that, because the maximum requires roughly 39 years of contributions at the yearly maximum. The amount you personally receive also depends on the age you started CPP: starting before 65 permanently reduces each cheque, and delaying toward 70 permanently increases it.
Not sure when to start CPP?
See how taking CPP at 60, 65, or 70 changes your monthly amount and lifetime total, and find your personal breakeven age.
Frequently asked questions
Quick answers on CPP timing, whether CPP and OAS arrive together, the 2026 increase, and what to do if a payment is late.When is the next CPP payment in 2026?
CPP is paid once a month, on the third-to-last business day. The 2026 dates are listed in the table above — for example, the May payment lands on Wednesday, May 27 and the June payment on Friday, June 26. The highlighted row shows the next upcoming payment from today.
Are CPP and OAS paid on the same day?
Yes. The Canada Pension Plan and Old Age Security are deposited on the same date each month, so if you receive both they arrive together. The dates in the table apply to CPP, OAS, GIS, and the CPP disability and survivor benefits alike.
What day of the month is CPP deposited?
There is no fixed calendar date — Service Canada pays CPP on the third-to-last business day of each month, so the exact day shifts depending on weekends and holidays. It usually falls in the last week of the month, between roughly the 22nd and the 29th.
Did CPP payments go up in 2026?
Yes. CPP is indexed to the Consumer Price Index every January, so payments rose with inflation at the start of 2026. The maximum CPP retirement pension at age 65 is $1,507.65 per month for 2026, though most people receive less because the maximum requires close to 39 years of maximum contributions.
Why has my CPP payment not arrived on the payment date?
If you use direct deposit, the money is in your account on the payment date. If you still receive a cheque by mail, it can take several business days longer to arrive. If a direct-deposit payment is more than one business day late, contact Service Canada.
Educational reference, not financial advice. Always confirm dates and amounts with Service Canada. CPP figures reflect 2026 rules (maximum $1,507.65/month at age 65).