As April 2025 nears, Canadian seniors should stay informed about key updates to three major federal pension programs: the Canada Pension Plan (CPP), Old Age Security (OAS), and the Guaranteed Income Supplement (GIS). These programs are essential for supporting retirees and low-income seniors across the country.
Canada Pension Plan (CPP) – 2025 Enhancements
The Canada Pension Plan has been undergoing gradual enhancements since 2019 to boost retirement income. As of 2025, these changes are fully in effect:
- Contribution Rate: Both employees and employers now contribute 5.95% of pensionable earnings—an increase from previous years.
- Benefit Enhancement: The replacement rate of average lifetime earnings has risen to 33.33%, up from 25%.
- Maximum Pensionable Earnings: The cap on pensionable earnings has increased by 14% between 2024 and 2025, allowing for larger contributions and higher benefits.
Old Age Security (OAS) – April to June 2025 Payment Details
OAS provides monthly income to seniors aged 65 and older, with amounts adjusted quarterly based on the Consumer Price Index (CPI).
For April to June 2025, the OAS amounts are:
- Ages 65 to 74: $727.67 per month
- Ages 75 and over: $800.44 per month
- Adjustment Status: No change from the previous quarter, as CPI increases were not sufficient to trigger an update.
Guaranteed Income Supplement (GIS) – April to June 2025 Payment Details
The GIS provides extra financial support to low-income seniors receiving the OAS pension. For the April to June 2025 quarter, the maximum monthly payments are:
- Single, Widowed, or Divorced: Up to $1,057.01
- Married/Common-Law Couples:
- Both receiving OAS: Up to $654.23 each
- One receiving OAS, one receiving GIS: Up to $654.23
Adjustment Status: No change from the previous quarter, as CPI data did not warrant an increase.
Upcoming Pension Payment Dates – April 2025
Seniors should mark their calendars for the following federal pension payment dates:
- April 27, 2025: OAS & GIS payments
- April 28, 2025: CPP payments
Federal Pension Payment Summary – April 2025
| Benefit Program | Payment Amount (Ages 65–74) | Payment Amount (Ages 75+) |
|---|---|---|
| OAS | $727.67 | $800.44 |
| GIS (Single) | Up to $1,057.01 | N/A |
| GIS (Married) | Up to $654.23 | N/A |
Why It Matters
Staying up to date with pension program updates is essential for retirement planning. While CPP contributions and future benefits have increased in 2025, OAS and GIS payments will remain unchanged for the second quarter of the year. Seniors are encouraged to monitor official updates to ensure they receive accurate and timely payments.
Frequently Asked Questions (FAQs)
Will there be any changes to OAS and GIS payments in April 2025?
No. Payment amounts for OAS and GIS will remain the same from April through June 2025 due to no significant change in the Consumer Price Index.
What’s the status of CPP enhancements in 2025?
The CPP enhancement phase began in 2019 and is now fully in effect. As of 2025, the contribution rate is 5.95%, and the benefit replacement rate has increased to 33.33%.
How can I ensure I receive my pension payments on time?
Keep your personal and banking information updated with the Canada Revenue Agency (CRA) to avoid delays in receiving your pension.
Keeping informed about federal pension changes is key to maximizing your retirement income and planning your finances effectively.