Canadians Receive Two Federal Payments This Month Information on CPP and OAS Benefits

The final Canada Pension Plan (CPP) and Old Age Security (OAS) payments of 2025 will be distributed early on December 1 to avoid holiday disruptions. Eligible recipients include individuals aged 60 and older for CPP and 65 and older for OAS, with varying payout amounts based on contributions and residency. Contributions to CPP are made through payroll deductions, while OAS is funded by general revenues. Payment amounts will increase in January, with CPP rising by 2% and OAS by 0.3%.

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