CPP, OAS & GIS Pension Payments for March 2025: Dates & Eligibility Guide. The government of Canada has launched many programs to provide financial assistance to senior citizens, retirees, and people with low incomes. These benefits include the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS). The payments for these are coming in March 2025. If you’d like to know more about the topic ‘CPP, OAS & GIS Pension Payments for March 2025: Dates & Eligibility Guide’, keep reading the article.
CPP, OAS & GIS Pension Payments for March 2025
The government of Canada has launched programs like the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS) to provide monetary aid to senior citizens, retirees, and people with low incomes.
The exact amount for the pension payments depends on many factors, including age, other benefits, contributions, income thresholds, etc. These pensions are provided to help low-income individuals cover the expenses of essentials, such as food, energy bills, and rent.
What are CPP, OAS, & GIS pension payments?
The Canada pension plan is a type of retirement income that is open to all Canadians who have worked and paid into the system through deductions from their paychecks. The amount of CPP that a person will receive depends on his CPP contributions. A person can begin receiving CPP anytime after age 60, although they will get a reduced CPP. An individual getting CPP early will get a 0.54% reduction for each month before the age of 65 that they received payments. That number is slated to rise to 0.6% each month in 2016.
The old age security pension payment is available to Canadians age 65 and older who apply and meet certain requirements. Unlike CPP, it is not dependent on a person’s employment history and a person does not need to be retired from a job to qualify for it. The government adjusts the OAS payment every three months to account for increases in the cost of living according to the Consumer Price Index. The average monthly amount as of October 2012 was $514.56. The maximum payout for the first quarter of 2013 is $546.07, according to Service Canada.
The guaranteed income supplement is an additional payment that is provided to people who are receiving OAS but are still not able to cover their necessary expenses. It is not taxable. GIS payments aim to help individuals cover living expenses, such as housing, utilities, groceries, and medical costs for seniors who may struggle to afford basic necessities.
CPP, OAS, & GIS Payment Dates 2025
The applicants must keep themselves updated about the CPP, OAS, and GIS Pension Dates 2025 to timely receive their benefits. If you do not get your payment on the scheduled date, you can submit a request on the CRA official mail ID. Payments are usually received by the applicants in the last week of the month but if a holiday or a Sunday falls on the day of payment, it is transferred to the day before. The CPP, OAS, & GIS payment dates for 2025 are as follows:
| Month | CPP, OAS, & GIS Payment Dates 2025 |
| January | 29th January 2025 |
| February | 26th February 2025 |
| March | 27th March 2025 |
| April | 28th April 2025 |
| May | 28th May 2025 |
| June | 26th June 2025 |
| July | 29th July 2025 |
| August | 25th August 2025 |
| September | 25th September 2025 |
| October | 29th October 2025 |
| November | 26th November 2025 |
| December | 22nd December 2025 |
Eligibility Criteria
To be eligible for these benefits, you must meet the eligibility criteria as follows:
Canada Pension Plan (CPP)
To get the CPP benefits, you must have contributed to the CPP during your working years. The employer and the employee both contribute for the pension. You can start receiving payments as early as age 60, but full benefits are available at age 65. You must be a Canadian citizen or a permanent resident at the time of application. You must have lived in Canada for at least 10 years after the age of 18 to qualify for OAS.
Old Age Security (OAS)
To get the OAS benefits, you must be 65 years of age or older. You must be a Canadian citizen or a permanent resident at the time of application. You must have lived in Canada for at least 10 years after the age of 18 to qualify for OAS. If you live outside Canada, you may still be eligible if :
- You lived in Canada for at least 20 years after age 18.
- You qualify under an international social security age.
Guaranteed Income Supplement (GIS)
To get the GIS benefits, you must already be receiving OAS. Your income must not exceed the GIS threshold, which is $22,056 for singles and varies based on your marital status and whether your spouse receives OAS.