Pension Payment Dates

Old Age Security (OAS) is one of Canada’s main retirement income programs. It provides monthly payments to eligible seniors aged 65 and older and can help support retirement income, everyday expenses and cost-of-living needs. Unlike the Canada Pension Plan (CPP), OAS is mainly based on age, legal status and Canadian residency history, not employment contributions….

The Canada Pension Plan (CPP) provides monthly retirement income to eligible Canadians who contributed to the plan during their working years. CPP can also include disability benefits, survivor benefits and children’s benefits in certain situations. CPP payments are issued once per month and can play an important role in retirement planning, monthly budgeting and long-term…