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Learn about pension payment dates for Old Age Security (OAS), the Canada Pension Plan (CPP), and public and Quebec pension plans in 2024.
We also include payment dates for some provincial teachers’ retirement funds. These dates reflect when you can expect direct deposits to reach your bank account.
Table of Contents ShowThe OAS is a monthly benefit paid to eligible retirees starting at age 65. OAS payment dates in 2024 fall on:
The maximum monthly OAS benefit is $718.33 for ages 65 to 74 and $790.16 for ages 75 and older.
For questions regarding your OAS pension, call 1-800-277-9914.
The CPP retirement pension is paid monthly to seniors who contributed to the plan during their working years. The minimum age to collect CPP is 60 years old.
CPP payment dates in 2024 fall on:
The maximum monthly CPP benefit is $1,364.60, while the average paid out is $758.32.
If you have questions regarding your benefit, contact Service Canada at 1-800-277-9914.
CPP pensions who are not set up for direct deposit payments will receive a cheque in the mail during the last 3 business days of each month.
The Public Service Pension Plan (PSPP) is a defined benefit pension plan for employees of the Government of Alberta and its agencies, boards, and commissions, and other participating public bodies since 1947.
It has transfer agreements with many other provincial sector pension plans. Other Canadian provinces have similar public service pension plans.
PSPP payment dates in 2024 are on the second last banking day of each month, except for December.
You can contact the PSPP to inquire about your pension at 1-877-453-1777. The PSPP in British Columbia has the same payment dates as above.
Federal service employees can expect their pensions in 2024 on these dates:
These pension dates also apply to the military and RCMP. For inquiries, call 1-800-561-7930.
Like the CPP, the Quebec Pension Plan (QPP) pays monthly benefits to seniors who contributed to the plan during their working years.
QPP payment dates in 2024 fall on:
This pension is paid by direct deposit on the last working date of the month.
The public sector retirement pension in Quebec is paid on the 15 th of the month, or the preceding business day if the 15 th falls on a weekend or statutory holiday.
Payment dates for the Government and Public Employees Retirement Plan (RREGOP) in Quebec fall on:
For inquiries, contact Retraite Québec at 418-643-4881 (Quebec) or 1-800-463-5533 (toll-free).
This disability benefit is paid to eligible veterans who have a diagnosed medical condition or disability that is related to their service.
The payment dates for the Veteran disability pension in 2024 are:
For inquiries regarding the disability pension, call 1-866-522-2122
In addition to the CRA benefit payments noted earlier, various provinces have different payment dates for retirement benefits, such as for teachers.
Alberta Teacher’s Retirement Fund (ATRF) deposit pension benefits on these dates in 2024:
The Teachers’ Retirement Allowance Fund (TRAF) is the pension plan for public school teachers in Manitoba.
TRAF pension payment dates in 2024 fall on:
The Saskatchewan Teachers’ Retirement Plan (STRP) provides monthly pension benefits to teachers in the PreK-12 system.
STRP payment dates are:
The Ontario Public Board administers the provincial public service pension plan. It is one of Canada’s largest pension plans, with over $33 billion in assets.
Ontario PSPP payment schedule in 2024 is:
Payments occur on the 22 nd of each month. If this is a weekend or holiday, you get your payment on the preceding business day.
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