Payment dates for Canada Pension Plan, or CPP, are found online at the Service Canada website, which is maintained by the Canadian government. As of 2015, payments are made once each month, usually toward the last part of the month, notes Service Canada.Continue Reading
Payment dates in 2015 include Jan. 28, Feb. 25, March 27, April 28 and May 27, according to Service Canada. Other payment dates include June 26, July 29, Aug. 27, Sept. 28 and Oct. 28. Nov. 26 and Dec. 22 are the final payment dates for the year.
The Service Canada website also contains other helpful information, including how to sign up for direct deposit as well as plan payment amounts. Details are also available describing various other benefits that are available to citizens, including disability, survivor and retirement benefits, explains Service Canada. There is also information describing how the benefits increase as well as information detailing how the benefit plans work and how citizens receive benefits if they reside in another country.
CPP is one part of the Canadian retirement system, which is a program based on an individual's earnings. The other program is Old Age Security, or OAS. These benefits are paid through funds gathered from taxes, and these payments provide Canadian senior citizens a monthly income, states Benefits Canada. Benefit amounts are determined yearly and are based on cost-of-living indices.Learn more about Financial Planning