Canadian seniors can expect a meaningful financial lift in June 2025 with a one-time combined payment of $2,000 from Old Age Security (OAS) and $1,700 from the Canada Pension Plan (CPP). This boost arrives at a crucial moment as living costs continue to climb, and many retirees rely on fixed incomes.
In this guide, we’ll explain who qualifies, how much you’ll receive, when payments are issued, and how to make the most of these benefits.
Overview
Here’s a quick breakdown of what to expect in June 2025:
| Benefit Type | One-Time Amount | Payment Date |
|---|---|---|
| OAS | $2,000 | June 26, 2025 |
| CPP | $1,700 | June 26, 2025 |
This combined $3,700 payout is designed to help seniors cover everyday essentials, manage medical expenses, and provide some peace of mind in retirement.
OAS
Old Age Security is a federal program that pays monthly benefits to Canadians aged 65 and older. It’s not based on your job history or contributions, but on your age, residency in Canada, and citizenship or legal status.
OAS Eligibility
To qualify for the $2,000 one-time payment:
- You must be 65 or older in June 2025
- You must have lived in Canada for at least 10 years after age 18
- You must be a Canadian citizen or legal resident
If you’ve lived in Canada for less than 10 years, you may still qualify for a partial amount.
CPP
The Canada Pension Plan is a contributory program. You and your employer contribute during your working years, and you collect monthly payments once you retire or turn 60.
CPP Eligibility
To receive the $1,700 one-time boost:
- You must be at least 60 years old
- You must have contributed to CPP during your working life
The amount of your regular CPP benefit depends on how much and how long you contributed. But for June 2025, the $1,700 bonus is an additional one-time payment.
How Much
Let’s take a quick look at what this could mean for your income in June 2025:
| Benefit Type | Average Monthly Payment (2025) | One-Time Boost | Total in June 2025 |
|---|---|---|---|
| OAS | ~$727 | $2,000 | ~$2,727 |
| CPP | ~$1,200 | $1,700 | ~$2,900 |
These amounts are averages—actual figures may vary based on your income, residency, and contribution history.
Payment Date
The official payment date is June 26, 2025 for both CPP and OAS. Payments will be made through direct deposit or mailed cheques, depending on how your account is set up.
To avoid delays, make sure:
- Your banking details are current in your My Service Canada Account
- You’ve filed your taxes for 2024
- You’re actively receiving OAS or CPP
How To Apply
If you’re not yet enrolled in either program, here’s what to do:
For OAS
- Apply 6 months before turning 65
- Use your My Service Canada Account (MSCA) to apply online
- Provide documents showing your residency history and legal status
For CPP
- Apply at age 60 or later
- Use your MSCA or complete the CPP application form
- Your CPP amount will depend on how much you contributed
If you’re already receiving these benefits, you don’t need to reapply for the one-time boost. It will be added automatically to your June 2025 payment.
Maximize
Want to get the most from your OAS and CPP payments? Here are a few smart tips:
- Create a monthly budget: Track your expenses so your money goes further
- Set aside savings: Even a small amount can build a cushion for emergencies
- Use benefits wisely: Prioritize healthcare, medications, or outstanding bills
- Check for GIS: If you’re low income, you may also qualify for the Guaranteed Income Supplement
Extra Supports
Beyond the CPP and OAS boosts, other financial resources may help:
- Guaranteed Income Supplement (GIS): For seniors with limited income
- Provincial Seniors’ Programs: Includes prescription drug help, housing support, and more
- Tax Credits for Seniors: Both federal and provincial tax credits can reduce your tax bill
Why Now
The Canadian government is issuing these one-time payments in response to inflation and economic pressures. A report from the Canadian Centre for Policy Alternatives in 2023 found that 1 in 5 seniors lives below the poverty line. OAS and CPP make up most of their income.
This June 2025 boost is meant to give seniors breathing room in the face of rising food, rent, and healthcare costs.
The one-time $2,000 OAS and $1,700 CPP payments coming in June 2025 are a welcome support for seniors across Canada. Whether you’re already receiving these benefits or planning to apply soon, now is the time to check your eligibility, update your information, and make a financial plan that takes full advantage of this boost.
FAQs
When will the OAS and CPP payments be made?
On June 26, 2025, for both programs.
Do I need to apply for the $2,000 OAS payment?
No, if you’re already enrolled, it will be automatic.
How do I check my eligibility?
Use My Service Canada Account to review your benefit status.
Can I receive both OAS and CPP?
Yes, if you’re eligible for both programs.
Is the $1,700 CPP boost permanent?
No, it’s a one-time payment for June 2025 only.
