Eligible Canadians aged 65+ can receive monthly federal pension payments, with current maximums based on age, income, and residence history in Canada.
Current maximums reach $743 for ages 65 to 74, and $817 for people 75+, when income stays below stated federal thresholds for eligibility.
Employment status does not affect eligibility, so qualifying seniors may receive payments whether they have never worked or are still working today.
Some people are automatically enrolled when federal records confirm eligibility, with a notice typically arriving around their 64th birthday before payments begin.
The next scheduled payment date is May 27, 2026; direct deposit is faster, while mailed cheques can take longer to arrive after processing.
