Explore the details about cpp payment dates 2024, disability dates, increases, and the CPP amount and limits in this article. You’ll find all the important information about when payments are made, how disability payments work, any increases, and the limits on CPP amounts, along with other essential details.
CPP Payment
The Canada Pension Plan (CPP) provides monthly payments to eligible people in Canada. There are two types of CPP benefits: Retirement Pension and Disability Benefits. Each type has its own set of benefits and eligibility requirements. The retirement pension is a taxable benefit that helps replace part of your income when you retire.
If you’ve applied for the Canada Pension Plan, you can check the payment dates on the official Government of Canada website. The most recent CPP payment was on September 27, 2024. The next payment is expected on October 27, 2024.
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CPP payment dates 2024
| Name | Canada Pension Plan |
| Administered by | Government of Canada |
| Country | Canada |
| Types | Retirement Pension and Disability Benefits |
| Age Limit of Retirement Pension | At least 60 years |
| Age Limit of Disability Benefits | Under 65 |
| CPP payment dates 2024 | October 27, 2024 |
| Website | canada.ca |
Canada Pension Plan Payment
The Canada Pension Plan (CPP) gives monthly payments to people who have contributed to the plan. There are two main types of CPP benefits: the Retirement Pension and the Disability Benefit.
To get the CPP Retirement Pension, you need to be at least 60 years old and have made at least one contribution to the CPP.
To qualify for the CPP Disability Benefit, you must be under 65, have made enough contributions, and have a long-term disability that makes it hard for you to work. The Disability Benefit is divided into two parts: the post-retirement disability benefit and the regular disability benefit.
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You can check if you’re eligible for the CPP Disability Benefit on the Canadian government’s website. If you qualify and apply online, you can expect to receive your first payment within 7 to 28 days. If you apply by mail or in person, it can take up to 120 days.
After you submit your application, it can take up to 4 months for a decision. This decision is based on your completed application form and a signed medical report. If you have a terminal illness, they aim to process your application within 5 business days.
CPP Disability Payment Dates
The upcoming CPP Disability Payment is scheduled for October 27th. After that, the following payments will be on November 28 and December 20. The Government of Canada will announce the 2024 payment dates later.
Additionally, children of people receiving the CPP Disability benefit can also get monthly payments if they meet certain conditions:
- The child must be under 18, or between 18 and 25 and attending a recognized school or university full-time.
- The child must be related to someone receiving the CPP Disability benefit.
Check the CPP payment dates 2024 –
| Number | Date |
| 1 | Jan 27 |
| 2 | Feb 24 |
| 3 | Mar 29 |
| 4 | Apr 26 |
| 5 | May 29 |
| 6 | Jun 28 |
| 7 | Jul 27 |
| 8 | Aug 29 |
| 9 | Sep 27 |
| 10 | Oct 27 |
| 11 | Nov 28 |
| 12 | Dec 20 |
The government pays CPP benefits monthly, which means you’ll receive payments 12 times a year.
CPP Payment Increase
Since 2019, CPP payments have been going up bit by bit. But here’s the thing: The CPP Enhancement only helps those who started contributing in 2019 or later. That means today’s workers are paying a bit more into it. Why? Because down the road, they’ll get bigger benefits and more financial security.
In 2019, changes were made to the CPP, adding two new parts. The first part affects the years from 2019 to 2024, while the second part impacts the period from 2024 to 2025.
CPP Amount & Limit
The amount you get from CPP depends on when you start receiving payments, your average yearly earnings, and how much you contributed. You can find the highest CPP payment for 2024 on the Government of Canada’s official website.
| Type | Maximum Payment (2024) |
| Retirement pension | 1,306.57 dollars |
| Post-retirement benefit | 40.25 dollars |
| Disability benefit | 1,538.67 dollars |
| Post-retirement disability benefit | 558.74 dollars |
| Children of disabled CPP contributors | 281.72 dollars |
| Children of deceased CPP contributors | 281.72 dollars |
| Death benefit (one time) | 2,500 dollars |
The amount you get from CPP depends on when you start receiving payments, your average yearly earnings, and how much you contributed. You can find the highest CPP payment for 2024 on the Government of Canada’s official website.