If you’re receiving Canada Pension Plan (CPP) benefits, knowing the payment dates is crucial for managing your finances. Payments are sent out monthly, typically on the third-to-last business day of the month. For example, if the last day of the month is a Friday, payments are issued on the Wednesday before.
The exact CPP Payment dates for 2024 include January 29, February 27, March 28, and April 26. These dates are the same whether you receive retirement benefits, disability support, or survivor benefits. Direct deposit ensures you receive funds on time, while mailed cheques might take longer.
To avoid missing a payment, keep your banking details and contact information updated with Service Canada. If your payment doesn’t arrive as scheduled, contact Service Canada right away to resolve the issue.
Being aware of the CPP payment schedule helps you plan for monthly expenses, ensuring you’re financially prepared. With consistent dates, you can confidently budget and meet your financial goals.