The Canada Pension Plan pays on the third-to-last business day of every month. Here's the full 2026 schedule verified against Service Canada's calendar, the next deposit countdown, and this year's payment amounts.
The next CPP payment arrives on Wednesday, July 29, 2026. OAS and GIS arrive the same day in a separate deposit. Direct deposits post by early morning, and the August payment follows 29 days later on August 27, 2026.
Service Canada pays CPP 12 times in 2026, from January 28 through December 22. The same dates cover CPP retirement, CPP disability, survivor pensions, and OAS, so one calendar answers all four.
| Month | Payment date | Day of week | Status |
|---|---|---|---|
| January | January 28, 2026 | Wednesday | Paid |
| February | February 25, 2026 | Wednesday | Paid |
| March | March 27, 2026 | Friday | Paid |
| April | April 28, 2026 | Tuesday | Paid |
| May | May 27, 2026 | Wednesday | Paid |
| June | June 26, 2026 | Friday | Paid |
| July | July 29, 2026 | Wednesday | Upcoming |
| August | August 27, 2026 | Thursday | Upcoming |
| September | September 25, 2026 | Friday | Upcoming |
| October | October 28, 2026 | Wednesday | Upcoming |
| November | November 26, 2026 | Thursday | Upcoming |
| December | December 22, 2026 | Tuesday | Upcoming |
CPP pays on the third-to-last business day of each month. Count backwards from the last weekday, skip any statutory holiday, and you land on the payment date. That's why the date drifts between the 25th and the 29th through 2026 instead of sitting on a fixed number.
December is the one deliberate exception. Service Canada moves the December payment up to the 22nd so the money clears before the holiday bank closures. The trade-off is the longest wait of the year afterwards, roughly 5 weeks until the late January deposit, and it's the one that catches people off guard every winter.
The rule never pushes a payment later. A date that would land on a weekend or holiday moves to the business day before, the same principle every federal benefit on our Canada benefit payment calendar follows.
The maximum new CPP retirement pension at age 65 is $1,507.65 per month in 2026, and the average new beneficiary receives $925.35. Payments already in progress rose 2.0% in January 2026 with CPI indexation.
The maximum requires close to 39 years of maximum contributions. Most Canadians land nearer the $925.35 average, and you'll find your exact figure in My Service Canada Account.
Starting at 60 cuts the pension by 0.6% per early month, up to 36% less. Waiting past 65 adds 0.7% per month, up to 42% more at 70. The payment dates stay identical either way.
CPP adjusts once per year in January based on the Consumer Price Index. The 2026 adjustment added 2.0%, and the enhancement phase-in keeps lifting the maximum for new retirees.
Those figures describe the retirement pension only, and they aren't a promise of what you'll receive. Disability, survivor and children's benefits use their own amounts on the same payment calendar. This site reports schedules and published figures; your entitlement comes from Service Canada.
Yes. Service Canada pays CPP and OAS on the exact same 12 dates in 2026, as two separate deposits that usually land the same morning. GIS rides inside the OAS deposit, so a senior receiving all three sees two entries on one bank statement. OAS amounts also adjust quarterly, unlike CPP's single January indexation.
See the combined CPP and OAS scheduleCPP disability pays on the same 12 dates listed above, July 29 next. The amounts differ from the retirement pension, and the benefit doesn't run forever; it converts to a regular CPP retirement pension at 65. Our CPP disability payment dates page covers the schedule and the conversion in detail.
Service Canada asks you to wait 5 business days after the payment date before reporting a missing payment. Deposits post overnight, so money that hasn't appeared by mid-morning usually points to a banking detail problem rather than a missed payment run.
Stale account information after switching banks is the most common cause. Update direct deposit in My Service Canada Account before the month's payment run and the fix applies to the next deposit. Cheques by mail follow the same dates but add delivery time, and they're the first thing worth switching away from.
One timing quirk isn't a problem at all: a neighbour paid a day earlier than you. A handful of credit unions and online banks release government deposits one business day early, which is a bank policy difference, not a Service Canada error. The CRA's quarterly credits behave the same way.
The 2026 schedule comes from the official Government of Canada benefits payment calendar and Service Canada's CPP publications. Amounts reflect published 2026 figures. Last verified July 8, 2026, re-checked quarterly, corrected within 24 hours when a calendar changes.