$1,764 CPP Payment Update For June 2025 – Eligibility & Direct Deposit Details
In June 2025, the Canada Pension Plan (CPP) payout is climbing to a **maximum of C$1,433 per month—not C$1,764—and includes enhanced contributions from the CPP enhancement program.
Plus, COLA (cost-of-living adjustments) further increase monthly amounts automatically each January.
Maximum CPP Figures in 2025
Benefit Type | Maximum Monthly Amount (Jan 2025) |
---|---|
Retirement Pension (age 65) | C$1,433 (C$17,197 annually) |
Survivor’s Pension (65+) | C$859.80 |
Survivor’s + Retirement Combo | C$1,449.53 |
Disability Pension | Up to C$1,673.57 |
- Average new retirement pension: Approx C$809 per month as of January 2025
- The $1,764 figure is unverified—no official source suports this amount
Key CPP Enhancements & Contribution Insights
- CPP enhancement continues through 2025, gradually increasing both contribution rates and coverage
- Base contribution rate rose from 4.95% to 5.95% (2019–2023)
- Additional earnings floor covers income between YMPE and YAMPE for future benefit improvements
- To earn the maximum lifetime pension, contributors must:
- Max out contributions annually, and
- Do so for at least 39 years
June 2025 Payment Date & Direct Deposit Info
Payment Month | Tentative Deposit Date | Notes |
---|---|---|
June 2025 | Typically 26 June | Follows usual monthly CPP schedule |
Funds are directly deposited into recipients’ bank accounts—ensure Service Canada records are current to avoid delays.
Who Can Get the Increase?
- Age 65? You’ll receive the standard CPP retirement pension.
- Disability or Survivor? You might get enhanced monthly amounts (up to C$1,673.57)
- Full contributions made? Those on a full contributory record may beeligible for the maximum payout.
- Contributions at any time after 18, with payout varying by earnings history .
The maximum CPP retirement pension stands at C$1,433/month for those who contributed fully for 39+ years.
Though no C$1,764 boost is confirmed, COLA and enhanced contributions continue to build future benefits. Ensure your Service Canada details are up-to-date and look out for your 26 June deposit.
FAQs
Is the June 2025 CPP increase really C$1,764 monthly?
No—C$1,764 is not confirmed. Official maximum for new retirement benefits is C$1,433/month
Can I receive more or less than C$1,433?
Yes—payout depends on your contribution history. Typical retirees get around C$809/month
When do I get paid?
CPP pensions are typically deposited by 26 June 2025 if you’re eligible. Regular monthly schedule applies .
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