Some Canadians will receive their Canada Pension Plan (CPP) and Old Age Security (OAS) payments this week, so keep an eye on your bank account. While payment dates vary from month to month, both benefits are usually paid on the same day. Canadians aged 65 and older can qualify for the OAS pension regardless of their work history. Canadians aged 65 to 74 can receive up to $740.09 per month in 2025 if their annual net world income in 2024 was less than $148,451. However, Canadians aged 75 and older can receive a maximum of $814.10 if their annual net world income in 2024 was less than $154,196.