Canada Pension Plan (CPP) Increase 2026: Second Deposit Arrives on February 25
On February 25, 2026, Canadian retirees, disability recipients, and survivors will receive the second deposit of the newly increased Canada Pension Plan (CPP) payments, reflecting a 2.0% indexed amount that came into effect in January.
If your January 28 deposit already showed the 2026 increase, your February payment should match that amount. However, some recipients may be seeing their updated payment level for the first time due to processing delays or recent CPP benefit eligibility.
February 2026 CPP Payments Overview
Your February 25 CPP payment should mirror your January 28 deposit if there have been no changes to your file. The 2.0% annual indexation was applied in January, and February continues with the adjusted amount.
For example, a recipient who received $1,000 monthly in December 2025 should now be receiving around $1,020 per month in 2026. Similarly, someone who received $800 in December would see roughly $816 in both January and February payments.
- Direct deposit recipients can expect to see funds in their accounts on the morning of February 25.
- Cheque recipients should allow additional time for mail delivery, depending on their location.
Comparing January and February Payments
February is a good time to confirm that your 2026 CPP amount is accurate by comparing it to January. If the amounts match, your file is likely processing normally. If they differ, further investigation may be necessary.
Possible scenarios include:
- Payments match: The expected outcome if the indexed amount was applied in January and remains unchanged.
- February is higher than January: Could be due to processing timings or retroactive adjustments.
- February is lower than January: Less common, and may be related to tax changes or benefit adjustments.
CPP Payment Amounts for 2026
Examples of how different baseline amounts translate into 2026 monthly CPP payments after the 2.0% indexation are as follows:
- $400 → $408 (+$8)
- $600 → $612 (+$12)
- $800 → $816 (+$16)
- $1,000 → $1,020 (+$20)
- $1,200 → $1,224 (+$24)
- $1,433 (near max) → $1,462 (+$29)
What to Do If Your February CPP Payment Is Missing
If you have not received your CPP deposit by February 25, consider the following steps before contacting Service Canada:
- Wait until the end of the business day for possible delayed posting.
- Verify your banking information in your My Service Canada Account.
- Check for mail delays, particularly if you receive cheques.
- Review your account status for any alerts or messages.
- If needed, contact Service Canada at 1-800-277-9914.
Next CPP Payment Dates for 2026
After February 25, the remaining CPP payments for 2026 will be issued on the following dates:
- March 27, 2026
- April 28, 2026
- May 27, 2026
- June 26, 2026
- July 29, 2026
- August 27, 2026
- September 25, 2026
- October 28, 2026
- November 26, 2026
- December 22, 2026
Recipients of February CPP Payment
Various categories of recipients receive their February CPP payments on the same date:
- Retirement pension recipients
- Disability benefit recipients
- Survivor benefit recipients
- Post-retirement benefit recipients
Additionally, recipients of both CPP and Old Age Security payments will receive their deposits on the same day in February 2026, simplifying budgeting for those households.
