Beginning this November, seniors across Canada will receive a major boost in their monthly retirement income. The federal government has approved a significant update to both the Canada Pension Plan (CPP) and the Old Age Security (OAS) program.
With the rising cost of groceries, rent, medical care, and other essentials, many older adults have been struggling to manage basic living expenses. This increase will now allow eligible seniors to receive up to $2,900 every month from combined CPP and OAS payments.
This move is one of the largest pension improvements heading into 2025 and is designed to help seniors maintain better financial stability and independence.
CPP Increase for Seniors
The CPP payment increase will begin in November 2025. Seniors who have contributed to CPP throughout their working years will benefit from higher monthly payments.
This extra support helps retirees handle daily needs more comfortably, covering essentials such as food, power bills, transportation, and medication. The increase also recognizes the impact of inflation, which has made life more expensive for older Canadians.
Overall, the new CPP amount supports the government’s goal of providing stronger financial protection for seniors. With higher monthly income, retirees can plan their budgets with more confidence and enjoy a better quality of life.
OAS Payment Increase Across Canada
Millions of seniors rely on OAS payments to support their retirement. Beginning this November, OAS will also receive a higher payout. This increase is especially helpful for seniors on fixed incomes who face rising costs for housing, medical treatments, and daily living.
The OAS boost aims to ensure that older Canadians can live with dignity, independence, and security throughout their retirement years.
By raising OAS amounts, the government is strengthening the overall retirement support system. This helps reduce the financial stress that many seniors experience as they age.
Eligibility for the New CPP and OAS Amounts
The eligibility rules remain the same. To receive CPP, seniors must have contributed during their working years. For OAS, seniors must meet age and residency requirements. Canadian citizens and permanent residents aged 65 or older are included.
Current CPP and OAS beneficiaries do not need to apply again. The new amounts will be added automatically to their monthly payments. New applicants, however, should review their documents, update their banking details, and ensure all information is correct to avoid delays.
Updated Payment Amounts for November 2025
Below is the table showing the new CPP and OAS payment amounts:
| Benefit Type | Previous Amount | New Amount (Nov 2025) |
|---|---|---|
| CPP Pension | $1,350 | $1,650 |
| OAS Payment | $640 | $750 |
| Combined Total | $1,990 | $2,900 |
| Eligibility Age | 65+ | 65+ |
These updated amounts show a major improvement in retirement income support.
Why This Increase Matters
The cost of living has been rising sharply across Canada, affecting seniors more than any other group. Many older adults depend mainly on CPP and OAS for their income.
With this new increase, seniors will be better able to handle important expenses such as groceries, rent, healthcare, and everyday necessities. The combined amount of up to $2,900 per month gives retirees more confidence, security, and financial breathing room.
The November 2025 increase to CPP and OAS payments marks one of the most important improvements to Canada’s retirement support system. With combined benefits reaching up to $2,900 per month, seniors will receive stronger financial protection and better support for daily living costs.
These changes show the government’s commitment to helping older Canadians live comfortably, confidently, and independently. By staying updated on eligibility and keeping personal information accurate, seniors can fully benefit from this significant pension boost.
FAQs
Do seniors need to apply again to get the new CPP and OAS amounts?
No. Current beneficiaries will automatically receive the increased payments.
When will the higher payments start?
The new CPP and OAS amounts will be added starting November 2025.
What is the maximum combined amount seniors can receive?
Eligible seniors can receive up to $2,900 per month through CPP and OAS.