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OAS and CPP Payments Rising This Week | Winnipeg News
Description
This Wednesday, July 29, seniors receiving Old Age Security and Canada Pension Plan payments are getting bigger checks thanks to inflation adjustments. OAS recipients aged 65–74 could see up to $751.97, while those 75+ get up to $827.17—though higher earners face clawbacks if income exceeds thresholds. CPP payouts, based on lifetime contributions and retirement age, can hit a max of $1,507.65 at age 65, with average new recipients getting around $877 monthly. Don’t forget to check your bank account—your money’s coming.
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