If you’re a Canadian retiree or someone nearing retirement, you’re likely eagerly awaiting the Canada Pension Plan (CPP) payment of up to $1,433, set for April 28, 2025. Whether you’ve already started receiving CPP or are just considering applying, understanding how the payment system works is crucial for securing your retirement income. In this complete guide, we’ll explore eligibility requirements, payment amounts, how to apply, and provide practical strategies for maximizing your CPP benefits.

CPP CAD $1,433 Check: What You Need to Know

The upcoming $1,433 CPP payment on April 28, 2025, represents a major financial support for Canadian retirees. Whether you’re already receiving CPP benefits or thinking about retirement, understanding your eligibility and payment structure can significantly impact your financial well-being. Consistent contributions, smart timing of retirement, and staying updated on CPP enhancements can help ensure you make the most of your retirement income.

Stay proactive, plan early, and make sure you’re receiving every dollar you’re entitled to.

Key Details About the Canada Pension Plan (CPP)

Topic	Details
Payment Date	April 28, 2025
Maximum Monthly CPP	$1,433.00 at age 65
Average Monthly CPP	$899.67 (as of October 2024)
Eligibility Age	60 years or older
Contribution Requirement	At least one valid contribution
Application Required	Yes – via My Service Canada Account
Taxable Income	Yes – CPP benefits are taxable
Direct Deposit Recommended	Yes, to avoid delays
Official Website	Canada.ca – CPP Benefits

What Is the Canada Pension Plan (CPP)?

The CPP is a vital retirement pension funded by contributions from employees, employers, and self-employed Canadians. Its goal is to provide a portion of your income during retirement. In addition to retirement benefits, the CPP also offers disability, survivor, and death benefits.

Almost all working Canadians between the ages of 18 and 70 who earn more than the minimum threshold contribute to the CPP. The amount you contribute directly affects the benefits you’ll receive later.

A Brief History of the CPP

The CPP was introduced in 1965 to ensure that Canadians would have a steady, inflation-adjusted source of income after retirement. Over the years, the plan has evolved, with the latest enhancements introduced in 2019 to strengthen retirement security for future generations.’

What Changed with the CPP Enhancement?

Starting in 2019, the Government of Canada began rolling out the CPP Enhancement, which gradually increases the amount Canadians will receive upon retirement.

Key changes include:

• Higher contributions mean higher future benefits.
• The enhancement aims to replace one-third of the average pre-retirement income, up from one-quarter.
• Contributions have been increasing since 2019, with full implementation expected by 2025.

This means younger workers contributing today will eventually receive significantly higher CPP pensions than those who contributed under the original plan.

Who Is Eligible for the April 28, 2025 CPP Payment?

To qualify for the April 2025 CPP payment, you must meet these requirements:

• Age Requirement: You must be at least 60 years old.
• Contribution History: You must have made at least one valid contribution to the CPP.
• Residency: Generally, you must have lived or worked in Canada. If you reside outside Canada, you may still qualify if you’ve made sufficient contributions.

Note: Quebec residents are part of the separate Quebec Pension Plan (QPP).

How Much Will You Receive?

The maximum CPP monthly payment at age 65 is $1,433 in 2025. However, most Canadians will receive less than this maximum amount, as several factors determine the payment:

• How much and how long you contributed to CPP.
• Your average earnings during your working life.
• The age at which you start collecting CPP.
• Whether you qualify for special provisions, such as child-rearing or disability.

As of October 2024, the average new CPP retirement pension is approximately $899.67.

How to Apply for the CPP CAD $1,433 Check?

There are several ways to apply for CPP:

• Online Application: Log in to your My Service Canada Account (MSCA), fill out the online application, and track your application status.
• Paper Application: Download the CPP Application Form (ISP-1000), complete it, and mail it to Service Canada.
• In-Person Application: Visit a local Service Canada Centre for assistance.

Important: Apply at least 6 months before you want your payments to start.

Direct Deposit vs. Cheque

Direct deposit is highly recommended because:

• It’s faster and more reliable than cheques.
• It eliminates the risk of cheques being lost or stolen.
• Payments are deposited directly into your bank account.

What to Do If Your Payment Is Delayed?

If your payment doesn’t arrive on time:

1. Wait at least 5 business days after the payment date.
2. Contact Service Canada at 1-800-277-9914 for assistance.

Other CPP Benefits You Should Know About

Besides the regular retirement pension, the CPP offers several other important benefits:

• CPP Disability Benefit: For those who become disabled and can no longer work.
• CPP Survivor Benefit: Paid to the deceased contributor’s estate or family.
• CPP Death Benefit: A one-time payment to the estate of a deceased CPP contributor.
• CPP Children’s Benefit: For children of disabled or deceased contributors.

These additional benefits provide a safety net for your loved ones.

Practical Examples

Example 1: Early Retirement
Anna retires at 60, receiving 64% of her maximum CPP entitlement. She plans for this reduction by saving extra in her RRSPs.

Example 2: Delayed Retirement
Bob works until 70, boosting his CPP benefit by 42%. His monthly CPP income reaches about $2,035 because he qualifies for the enhanced amounts.

CPP Payment Schedule for 2025

Month	Payment Date
January	29th
February	26th
March	27th
April	28th
May	28th
June	26th
July	29th
August	27th
September	25th
October	29th
November	26th
December	22nd

FAQs