As of February 2025, the Canadian Government plans to provide a retirement pension of $1364. The Canadian Revenue Agency is responsible for administering this Retirement Payment in Canada. It can also be referred to as the CPP Payment. Retirement payments are paid to retirees monthly.
The CRA adjusts these payments for inflation each year to maintain purchasing power. In 2024, the maximum retirement payment was $1364.60 per month. However, the issue remains about the February 2025 payment reverting to $1364. Will CRA issue this previous benefit of $1364 in February 2025?
From February 2025, you will receive a retirement pension of $1364
A retirement pension is a contributory program aimed at ensuring the retirement security of retirees. Canadian Residents are eligible for retirement benefits by contributing during their working years. The $1364 Retirement Pension From February 2025 is the expected payment for retirees. However, this figure seems inconsistent since the CRA recently increased the amount to $1433.
Several reports indicate that this lower $1364 payment is the result of unofficial sources such as social media posts, making it unreliable. In February 2025, retirees will not receive this $1364 payment, but will instead receive a $1433 raised payment.
Overview of the Canada Pension Plan 2025
| Post Title | $1364 Retirement Pension From Feb 2025 |
| Year | 2025 |
| Country | Canada |
| Month | February |
| Benefit | Retirement Pension/CPP |
| Issuing Agency | CRA |
| CRA CPP Benefits Eligibility 2025 | Canadian Pensioners with age from 60 to 70 years |
| Objective | Financial Assistance to Pensioners |
| Payment Frequency | Monthly |
| Canada Retirement Pension Payment Date 2025 | See this Guide |
| Post Category | Finance |
| Official Web Page | www.canada.ca |
Eligibility for CPP benefits in 2025
This Canada Retirement Payment is the same regardless of whether retirees receive $1364 or $1433. The annual adjustment raise always applies to the previous regular payment. Here are some eligibility conditions:
- Retirees must be 60 years old to claim these CPP benefits.
- Retirement payments require Canadian residency or citizenship.
- During the employment years, CPP contributions must be valid.
- It is possible to claim these retirement benefits until the age of 70.
- Payments delayed until 70 years can increase payouts by 42%.
- At 60 years of age, retirees can only receive reduced benefits, while full retirement benefits start at 65 years of age, meaning the retiree will receive 100% of their retirement payment at 65 years of age.
Schedule of Canada Retirement Pension Payments for 2025
CRA issues retirement payments every month via direct deposit or cheque. Retirees should update their banking information and mailing address on My Service Canada Account to ensure timely payments. The monthly payment dates are provided by the CRA and only the Retirement payments are delivered to the retirees on these dates. Below is the 2025 Retirement Payment Schedule:
| Year – Month | CRA Payment Dates 2025 |
| 2025 – January | 29th |
| 2025 – February | 26th |
| 2025 – March | 27th |
| 2025 – April | 28th |
| 2025 – May | 28th |
| 2025 – June | 26th |
| 2025 – July | 29th |
| 2025 – August | 27th |
| 2025 – September | 25th |
| 2025 – October | 29th |
| 2025 – November | 26th |
| 2025 – December | 22nd |
$1364 Retirement Pension In Feb 2025: Fact Check
It is not reliable to estimate the $1364 payment for February 2025. In 2024, the maximum CPP or retirement benefit of $1364.60 was applied. The maximum payment for 2025 has been raised by $68.40 to $1433. Claims circulating about a $1364 payment lack CRA verification. The CRA will not be issuing the same amount in February 2025, which is $1433. Retirees should check their exact payment amounts on the CRA portal or My Service Canada.
