Retirement in Canada is not about receiving just one single payment. Instead, it’s a combination of multiple programs that work together to provide financial security for seniors.
In 2025, eligible seniors could receive up to $3,178 per month by combining the Canada Pension Plan (CPP), Old Age Security (OAS), and Guaranteed Income Supplement (GIS).
Breaking Down the $3,178 Monthly Total
The $3,178 figure is the maximum amount for seniors who qualify for all three programs at their highest rates in 2025.
| Program | 2025 Maximum Monthly Payment | Key Eligibility |
|---|---|---|
| Canada Pension Plan (CPP) | $1,364.60 | Based on contributions & work history; maximum requires about 39 years of maximum contributions |
| Old Age Security (OAS) | $713.34 | Based on residency in Canada for at least 40 years after age 18 |
| Guaranteed Income Supplement (GIS) | $1,100.06 | Non-taxable; for low-income seniors receiving OAS |
Note: OAS and GIS amounts can change quarterly based on inflation, while CPP is updated annually.
Canada Pension Plan (CPP)
The CPP is essentially a retirement paycheck you earn from working in Canada and paying contributions over the years.
- Maximum Payment in 2025: $1,364.60/month
- To Get the Maximum: You must have paid the maximum CPP contributions for about 39 years.
- Reality for Most: Many people get less because the payment is based on your average annual pensionable earnings.
Old Age Security (OAS)
Unlike CPP, the OAS pension is not based on your work history — it’s based on how long you’ve lived in Canada.
- Maximum Payment in 2025: $713.34/month
- Full Amount: Requires 40 years of residency in Canada after age 18.
- Partial OAS: If you’ve lived in Canada for fewer years, you’ll get a partial pension.
You can check your OAS eligibility through the Government of Canada’s OAS service page.
Guaranteed Income Supplement (GIS)
The GIS is designed for low-income seniors who already receive OAS.
- Maximum Payment in 2025: $1,100.06/month
- Non-taxable benefit — you don’t pay taxes on it.
- The amount you receive decreases if your other income (not including OAS) increases.
Example: If you have high CPP or private pension income, your GIS payment will be reduced.
Payment Dates for 2025
All three payments — CPP, OAS, and GIS — are usually paid together on the same day each month.
- Example: For August 2025, payments will be made on August 27, 2025.
- This predictable schedule helps seniors plan their budgets for rent, groceries, and utilities.
Maximizing Your Retirement Income
To get closer to the $3,178/month maximum, you should:
- Maximize CPP Contributions – Work enough years with maximum pensionable earnings.
- Maintain Residency in Canada – Stay in Canada for 40 years after age 18 for full OAS.
- Keep Income Low for GIS – If you’re close to the GIS limit, reduce taxable retirement income.
- Apply Early – Late applications can delay your payments.
Why This Matters
A total monthly income of $3,178 equals over $38,000 annually. For many Canadian seniors, this is a reliable base income that covers essential expenses. When combined with personal savings, workplace pensions, or investments, it can provide financial stability throughout retirement.
The CPP, OAS, and GIS programs are Canada’s main tools to support seniors financially in retirement. While not everyone will qualify for the full $3,178 per month, understanding how these programs work and planning ahead can help you maximize your benefits.
In 2025, these combined payments offer a stable and predictable income, making it easier for seniors to manage expenses and enjoy their retirement years.
FAQs
Can I get CPP, OAS, and GIS at the same time?
Yes — if you meet the eligibility requirements for all three, you can receive them together.
Do these amounts change every year?
Yes. CPP is adjusted annually, while OAS and GIS can change quarterly to match inflation.
Is GIS taxable?
No, GIS payments are non-taxable.