$1,720 Monthly CPP in April 2025: Payment Dates, Eligibility & Direct Deposit Guide

The Canada Pension Plan (CPP) continues to offer financial protection for retired Canadians through monthly payments. In January 2025, the federal government implemented a significant increase in CPP payouts, allowing eligible seniors to receive up to $1,720 per month.

This increase is part of Canada’s strategy to help seniors maintain financial stability during inflationary periods. The exact amount received depends on various factors including employment history, retirement age, and contribution records.

Who Qualifies for the $1,720 CPP in April 2025

The eligibility for CPP is determined by three main requirements: age, residency, and contribution history.

1. Age Requirement

• You can begin receiving CPP at age 60

• Full retirement benefits start at age 65

• Delaying until age 70 increases your monthly payout

2. Residency and Work Requirement

• Must have made valid contributions while working in Canada

• Canadian citizens, permanent residents, and even eligible individuals living abroad can qualify if contributions were made

3. Contribution Criteria

• You must have made at least one valid contribution to the CPP

• Contributions are deducted from wages and matched by employers

All criteria are verified by the CRA using employment and tax data filed over the years.

READ MORE: Canada Child Benefit (CCB) April 2025: New Rates, Payment Date & Eligibility Guide

How the $1,720 Monthly CPP Is Paid Out

Payments are issued monthly by the Canada Revenue Agency, either via direct deposit or mailed cheque. Seniors who opt for direct deposit often receive their funds earlier and more securely.

The maximum monthly benefit applies to individuals who contributed at the highest possible level for at least 39 years.

CPP Payment Date for April 2025

Seniors will receive their CPP payment for April on:

• April 28, 2025

This date follows the CPP schedule, which releases payments on the third-to-last business day of each month.

Upcoming CPP payment dates:

It’s important to keep your bank account details updated with CRA to avoid any delays.

How to Check CPP Payment Status

If you’re waiting on your payment or want to confirm that it was sent, here are the ways to check:

• CRA My Account
  Log in to your CRA account and navigate to the ‘Benefits & Credits’ section. Payment history and upcoming deposits are displayed there.

• Bank Account Statement
  If you’re enrolled in direct deposit, simply check your bank account for a deposit labeled from CRA or Government of Canada.

• CRA Support Line
  If there are issues or delays, call the CRA at 1-800-277-9914 to speak with a representative.

Benefits of the CPP Increase in 2025

This year’s CPP increase brings several advantages to eligible seniors:

• Larger Monthly Payments – The amount now reaches up to $1,720 for some retirees

• Inflation Protection – Indexed to match the rising cost of living

• Secure Deposits – Direct deposit ensures on-time delivery every month

• Better Retirement Stability – Helps cover essentials like rent, utilities, and food

CPP remains one of the most reliable income sources for older Canadians navigating retirement.

FAQs

What is the maximum CPP payment for April 2025?

Eligible seniors can receive up to $1,720 per month if they meet all contribution and age requirements.

When will the CPP payment be made in April?

The CPP payment for April 2025 is scheduled for April 28, following the regular CRA schedule.

Can I receive CPP if I’m living outside Canada?

Yes, as long as you made valid CPP contributions during your working years in Canada, you may still qualify while living abroad.

Do I need to apply for the increased CPP?

No separate application is required for the increase. If you’re already receiving CPP, the adjustment is applied automatically.

How can I track my CPP deposit?

You can log in to CRA My Account or check your bank statement if enrolled in direct deposit. If there’s an issue, contact CRA directly.

Is CPP considered taxable income?

Yes, CPP is taxable and must be reported on your annual income tax return. You can request tax to be deducted at the source.

Can I get CPP and OAS at the same time?

Yes, many seniors receive both CPP and Old Age Security (OAS), depending on their eligibility for each program.

Will CPP amounts increase again later in 2025?

CPP amounts are reviewed annually, and any new increases will be announced in early 2026 for the next fiscal year.

Click here to know more.