For 2026 the complete retirement age in Canada stays at 65 years, although you can start your retirement benefits early. Those who want to start their retirement pension in Canada can start with their benefits from the age of 60. You can wait a maximum of until the age of 70 for the maximum amount of benefits as per Canada New Retirement Age 2026. Those who prefer starting their retirement pension at the age of 60 will get a reduced amount of benefits, while those who start at 70 can claim the maximum amount.
The Canada Revenue Agency might eliminate the need for a manual application process for CPP beneficiaries. Those who have contributed to the CPP benefits will get enrolled automatically for the CPP benefits from January 10, 2026 once they turn 65 years old. The maximum pensionable earning cap is set at $85,000 for 2026. Moreover, candidates earning between the first ceiling and $74,000 will be contributing 4% for increased benefits in the future.
Canada New Retirement Age 2026
The CRA (Canada Revenue Agency) may announce the Canada New Retirement Age 2026 which will change many things for retirees. Moreover, Benefits are also being increased alongwith it. For 2026 there is an annual increase of 10% for the old age security benefits. The CPP benefits amount was increased by 2% of the consumer price index adjustment and the maximum amount of CPP benefits will be 1,507.65. The OAS benefits have a quarterly benefits increase of 0.3%. Those who are aged 65 to 74 years will receive a maximum of $742.31 and those who are over the age of 75 will receive $816.54 from January 2026 onwards.
CRA Retirement Age Increase To Collect OAS & CPP Benefits
| About | CRA Retirement Age Increase To Collect OAS & CPP Benefits |
| Country | Canada |
| Authority | Canada Revenue Agency |
| Category | Canada Finance |
| Year | 2026 |
| About | New retirement age in Canada and OAS/CPP updates and changes |
| Quarterly increase for OAS | 0.3% |
| Adjustment for CPP | 2% |
| Current retirement age | 65 years |
| More information | Official site of the CRA |
New Changes In CRA Retirement Age In 2026
- Currently the standard retirement age in Canada for 2026 is 65 years.
- Those who want to start their retirement pension can start from the age of 60 years.
- Candidates who choose to start their retirement benefits at the age of 60 will receive a reduced amount of benefits.
- You can also delay your retirement benefits to the maximum at the age of 70.
- Those who choose to start their retirement benefits at the age of 70 will receive the maximum amount of benefits.
OAS And CPP Amount Increase 2026
- The OAS payment amount is increased quarterly and now the amount is increased by 0.3% until April 2026.
- Similarly, the CPP benefits were increased by 2% from January 2026.
- After the increase, the maximum amount of CPP benefits will be $1,507.65.
- Similarly, the OAS benefits after the increase will be $742.31 for seniors between the ages of 65 and 74.
- Senior citizens who are over the age of 75 will receive $816.54 from January 2026 onwards.
CPP Benefits Amount From January 2026
| Average CPP amount at 65 | $848.37 |
| Maximum CPP amount at 65 | $1,507.65 |
OAS Benefits Amount 2026
| Age 65 to 74 | $742.31 |
| Over the age of 75 | $816.54 |
| Single person receiving OAS | $1,108.74 |
FAQs: Canada New Retirement Age 2026
What is the upcoming payment date of the CPP and OAS benefits in 2026?
The upcoming OAS and CPP benefits will be released on January 28, 2026.
What is the complete retirement age in 2026 in Canada?
In Canada the current standard retirement age is 65 years.
What is the maximum amount of OAS benefit after the increase in 2026?
Senior citizens who are over the age of 75 will receive $816.54 from January 2026 onwards.
