Employment Law BlogCPP Payment Dates in 2024

1 April 2024

CPP 2024

 

The Canadian Pension Plan (CPP) is a vital social insurance program in Canada, offering essential retirement, disability, and survivor benefits to millions of Canadians. Stay informed about your CPP pension payment schedule using this resource to track expected payment dates accurately.

CPP payment dates for 2024

The Government of Canada pays CPP to qualifying individuals on the following calendar dates in 2024:

Month CPP Pension Payment Date
January Monday, January 29
February Tuesday, February 27
March Tuesday, March 26
April Friday, April 26
May Wednesday, May 29
June Wednesday, June 26
July Monday, July 29
August Wednesday, August 28
September Wednesday, September 25
October Tuesday, October 29
November Wednesday, November 27
December Friday, December 20

How do we get CPP payments?

To qualify for CPP payments, you must fulfill specific eligibility criteria and submit an application for the benefits. Below are the fundamental steps to follow:

  1. Check your eligibility: To access benefits, you need to have contributed adequately to the plan throughout your career. You can review your CPP contribution history and estimated retirement benefits by registering for a My Service Canada Account on the official Government of Canada website.
  2. Apply for benefits: Moreover, you have the option to apply for retirement benefits as early as 60 or as late as 70 years old. The application process involves completing and submitting the CPP retirement pension application form either online or via mail.
  3. Provide required documents: Additional documents may be required to support your application, including your birth certificate, social insurance number, and marriage certificate, if applicable.
  4. Wait for a decision: After you’ve submitted your application, Service Canada will review it and inform you about your eligibility for payments. If deemed eligible, you’ll receive a letter detailing the monthly benefit amount and its commencement date.
  5. Receive payments: You can choose to receive your payments by direct deposit (the easiest method) or by cheque.