Learn about pension payment dates for Old Age Security (OAS), the Canada Pension Plan (CPP), and public and Quebec pension plans in 2023.
We also include payment dates for some provincial teachers’ retirement funds. These dates reflect when you can expect direct deposits to reach your bank account.
OAS Payment Dates
The OAS is a monthly benefit paid to eligible retirees, starting at age 65. OAS payment dates in 2023 fall on:
- January 27, 2023
- February 24, 2023
- March 29, 2023
- April 26, 2023
- May 29, 2023
- June 28, 2023
- July 27, 2023
- August 29, 2023
- September 27, 2023
- October 27, 2023
- November 28, 2023
- December 20, 2023
The maximum monthly OAS benefit is $691 for ages 65 to 74 and $760.10 for ages 75 and older.
For questions regarding your OAS pension, call 1-800-277-9914.
Canada Pension Payment Dates
The CPP retirement pension is paid monthly to seniors who contributed to the plan during their working years.
The minimum age to collect CPP is 60 years old.
CPP payment dates in 2023 fall on:
- January 27, 2023
- February 24, 2023
- March 29, 2023
- April 26, 2023
- May 29, 2023
- June 28, 2023
- July 27, 2023
- August 29, 2023
- September 27, 2023
- October 27, 2023
- November 28, 2023
- December 20, 2023
The maximum monthly CPP benefit is $1,306.57, while the average paid out is $811.21.
If you have questions regarding your benefit, contact Service Canada at 1-800-277-9914.
CPP pensions who are not set up for direct deposit payments will receive a cheque in the mail during the last 3 business days of each month.
Public Service Pension Plan Payment Dates (Provincial)
The Public Service Pension Plan (PSPP) is a defined benefit pension plan for employees of the Government of Alberta and its agencies, boards, and commissions, and other participating public bodies since 1947.
It has transfer agreements with many other provincial sector pension plans. Other Canadian provinces have similar public service pension plans.
PSPP payment dates in 2023 are on the second last banking day of each month, except for December.
- January 30, 2023
- February 27, 2023
- March 30, 2023
- April 27, 2023
- May 30, 2023
- June 29, 2023
- July 28, 2023
- August 30, 2023
- September 28, 2023
- October 30, 2023
- November 29, 2023
- December 21, 2023
You can contact the PSPP to inquire about your pension at 1-877-453-1777.
The PSPP in British Columbia has the same payment dates as above.
Public Service Pension Plan Payment Dates (Federal)
Federal service employees can expect their pensions in 2023 on these dates:
- January 27, 2023
- February 24, 2023
- March 29, 2023
- April 26, 2023
- May 29, 2023
- June 28, 2023
- July 27, 2023
- August 29, 2023
- September 27, 2023
- October 27, 2023
- November 28, 2023
- December 27, 2023
These pension dates also apply to the military and RCMP. For inquiries, call 1-800-561-7930.
Quebec Pension Dates
Like the CPP, the Quebec Pension Plan (QPP) pays monthly benefits to seniors who contributed to the plan during their working years.
QPP payment dates in 2023 fall on:
- January 31, 2023
- February 28, 2023
- March 31, 2023
- April 28, 2023
- May 31, 2023
- June 29, 2023
- July 31, 2023
- August 31, 2023
- September 29, 2023
- October 31, 2023
- November 30, 2023
- December 28, 2023
This pension is paid by direct deposit on the last working date of the month.
Quebec Public Sector Pension Plan Payments
The public sector retirement pension in Quebec is paid on the 15th of the month, or the preceding business day if the 15th falls on a weekend or statutory holiday.
Payment dates for the Government and Public Employees Retirement Plan (RREGOP) in Quebec fall on:
- January 13, 2023
- February 15, 2023
- March 15, 2023
- April 14, 2023
- May 15, 2023
- June 15, 2023
- July 14, 2023
- August 15, 2023
- September 15, 2023
- October 13, 2023
- November 15, 2023
- December 15, 2023
For inquiries, contact Retraite Québec at 418-643-4881 (Quebec) or 1-800-463-5533 (toll-free).
Veteran Disability Pension Payment Date
This disability benefit is paid to eligible veterans who have a diagnosed medical condition or disability that is related to their service.
The payment dates for the Veteran disability pension in 2023 are:
- January 30, 2023
- February 27, 2023
- March 30, 2023
- April 27, 2023
- May 30, 2023
- June 29, 2023
- July 28, 2023
- August 30, 2023
- September 28, 2023
- October 30, 2023
- November 29, 2023
- December 21, 2023
For inquiries regarding the disability pension, call 1-866-522-2122
Provincial Pension Payment Dates
In addition to the CRA benefit payments noted earlier, various provinces have different payment dates for retirement benefits, such as for teachers.
Alberta Teachers’ Retirement Fund Payment Dates
Alberta Teacher’s Retirement Fund (ATRF) deposit pension benefits on these dates in 2023:
- February 24, 2023
- March 29, 2023
- April 26, 2023
- May 29, 2023
- June 28, 2023
- July 27, 2023
- August 29, 2023
- September 27, 2023
- October 27, 2023
- November 28, 2023
- December 21, 2023
Manitoba Teachers’ Retirement Allowance Fund Payment Dates
The Teachers’ Retirement Allowance Fund (TRAF) is the pension plan for public school teachers in Manitoba.
TRAF pension payment dates in 2023 fall on:
- January 31, 2023
- February 28, 2023
- March 31, 2023
- April 28, 2023
- May 31, 2023
- June 30, 2023
- July 31, 2023
- August 31, 2023
- September 29, 2023
- October 31, 2023
- November 30, 2023
- December 29, 2023
Saskatchewan Teachers’ Retirement Plan Payment Dates
The Saskatchewan Teachers’ Retirement Plan (STRP) provides monthly pension benefits to teachers in the PreK-12 system.
STRP payment dates are:
- January 31, 2023
- February 28, 2023
- March 31, 2023
- April 28, 2023
- May 31, 2023
- June 30, 2023
- July 31, 2023
- August 31, 2023
- September 29, 2023
- October 31, 2023
- November 30, 2023
- December 29, 2023
Ontario Public Service Pension Plan Dates
The Ontario Public Board administers the provincial public service pension plan. It is one of Canada’s largest pension plans, with over $33 billion in assets.
Ontario PSPP payment schedule in 2023 is:
- January 20, 2023
- February 22, 2023
- March 22, 2023
- April 21, 2023
- May 19, 2023
- June 22, 2023
- July 21, 2023
- August 22, 2023
- September 22, 2023
- October 20, 2023
- November 22, 2023
- December 22, 2023
Payments occur on the 22nd of each month. If this is a weekend or holiday, you get your payment on the preceding business day.
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