Canada Pension Plan and Old Age Security payments for June 2026 were issued on Friday, June 26.
Canadians receiving payments through direct deposit should see the money deposited automatically. Payments sent by mailed cheque may take additional time to arrive.
The next CPP and OAS payment date is Wednesday, July 29, when eligible OAS recipients will also receive a cost-of-living increase.
OAS Payments Increase In July
Old Age Security benefits will increase by 1.2% for the July-to-September 2026 quarter.
The adjustment reflects changes in the Consumer Price Index and brings the total OAS increase between July 2025 and July 2026 to 2.3%.
OAS payment rates are reviewed four times annually, in January, April, July and October. If the cost of living rises, payments are adjusted upward. If the Consumer Price Index falls, OAS payments do not decrease.
Current Maximum OAS Payments
For April through June 2026, the maximum monthly OAS pension is $743.05 for eligible Canadians aged 65 to 74.
Recipients aged 75 and older can receive a maximum of $817.36. The higher amount reflects the automatic 10% OAS increase applied after a recipient turns 75.
Both maximums will rise by 1.2% for the July-to-September quarter. Actual payments may be lower depending on income, years of Canadian residence after age 18 and whether someone receives a full or partial pension.
The Government of Canada provides an OAS estimator for personalized estimates.
CPP Increased In January
Unlike OAS, CPP benefits are adjusted once annually rather than every quarter.
CPP payments increased by 2% in January 2026 and will remain at their new levels through December.
The maximum CPP retirement pension for a person beginning benefits at age 65 in January 2026 is $1,507.65 per month. The average amount for new 65-year-old beneficiaries was $925.35.
Most recipients do not receive the maximum. The amount depends on how long and how much someone contributed, their average employment earnings and the age at which they started collecting CPP.
Who Qualifies For CPP And OAS?
To qualify for a CPP retirement pension, a person must be at least 60 years old and have made at least one valid CPP contribution.
Contributions may come from employment in Canada or credits received from a former spouse or common-law partner after separation or divorce.
OAS is generally available from age 65. Eligibility and payment amounts are based primarily on age, residence history and income rather than employment contributions.
Service Canada automatically enrols many eligible residents. Anyone who cannot be automatically enrolled will receive instructions explaining how to apply.
Remaining 2026 CPP And OAS Dates
After the June payment, the remaining scheduled payment dates are:
- July 29
- August 27
- September 25
- October 28
- November 26
- December 22
CPP and OAS use the same monthly payment schedule. The government’s complete 2026 calendar also lists January 28, February 25, March 27, April 28, May 27 and June 26. Official payment dates are published on Canada.ca.
What To Do If Payment Is Missing
Government payments may take several days to appear, particularly when delivered by mail.
Recipients should confirm their bank details and mailing address through My Service Canada Account. The federal government recommends waiting five to 10 business days after the scheduled date before contacting the responsible program about a missing payment.
June CPP and OAS payments were issued on June 26, with the next deposits scheduled for July 29. CPP recipients will continue receiving amounts adjusted by 2% in January, while OAS recipients will receive an additional 1.2% quarterly increase beginning in July.
Individual payments will continue to depend on eligibility, income, residence and contribution history.