Since many Canadians retire at age 65, you won’t have to worry about anything in 2026. Seniors in the CPP and OAS categories may be permitted to work at this age. Canadians were receiving their full retirement benefits at this age, but those golden statistics could alter suddenly. You should check details of How Working After 65 in 2026 Impacts CPP & OAS which we have briefly discussed in this post. According to a number of sources, Canada’s aging environment is undergoing a historic shift due to factors like rising life expectancy, shifting economic situations, and more. You may learn more about the effects of this adjustment on CPP and OAS beneficiaries in this guide.
How Working After 65 in 2026 Impacts CPP & OAS
Canadians who have worked and contributed to the Canada Pension Plan get a monthly income as part of this contributing retirement program. How much and how long you contributed, as well as when you begin getting it (as early as age 60 or as late as age 70), will determine how much you get. Disability benefits and survivor benefits for spouses and children are also included in CPP.
The majority of Canadians 65 and older, regardless of employment experience, are eligible for the government-funded Old Age Security pension. The length of time you have lived in Canada after turning 18 is the primary determinant of eligibility. Seniors with higher incomes may have their OAS benefits decrease, and those with lower incomes may be eligible for additional assistance under the Guaranteed Income Supplement.
CRA Retirement Age To Collect OAS & CPP Benefits
| About | CRA Retirement Age To Collect OAS & CPP Benefits |
| Year | 2026 |
| Month | January |
| Country | Canada |
| Department | CRA |
| Old Retirement Age | 65 |
| Working Till | 70 |
| Benefit For | CPP and OAS Candidates |
| Payment Mode | Direct Bank Transfer |
| Category | Canada Finance |
| Duration | Month Wise |
| Official Website | www.canada.ca |
Eligibility Criteria For CPP & OAS Benefits
For OAS Candidates
- To become eligible your age must be 65 years old.
- When your OAS is granted, you have to be a citizen or lawful resident of Canada.
- You must be a citizen of Canada.
- If you are not a permanent citizen of this country then you must live here for at least 20 years.
For CPP Candidates:
- You have to be 60 years of age or older.
- You must have worked for a living or worked for yourself in Canada and made at least one legitimate CPP contribution.
- Contributions must come from income that exceeds the minimal exemption.
- The amount you receive is determined on your age at which you began receiving CPP, as well as the amount and duration of your contributions.
Impacts Of New Retirement Age On CPP and OAS Beneficiaries
Effects on New Retirement Age (CPP) Recipients:
- Payments are increased each month until age 70 if CPP is postponed over age 65.
- Monthly benefits are permanently reduced if CPP is taken before age 65.
- By making more contributions or receiving benefits after retirement, working longer may raise CPP.
- CPP amounts can be increased by replacing low-earning years with higher-earning years through later retirement.
Effects on New Retirement Age (OAS) Recipients:
- Monthly payments increase if OAS is postponed past age 65 (up to age 70).
- For early retirees, a higher retirement age can lessen their dependency on OAS.
- If income exceeds the threshold, continued work may result in OAS clawback.
- Reduced income from other retirement sources may be partially offset by delayed OAS.
Steps to Take in Retirement Planning: What Should You Do Right Now?
- Use My Service Canada Account to view your history of CPP contributions. Make sure you have documented all of your years and income.
- Utilize statements or calculators to estimate your CPP and OAS benefit. Model postponing to 67-70, assuming claim at 65.
- Since public benefits can change, boost your private savings by focusing more on RRSPs, TFSAs and employer pension plans.
- Over 65, consider working longer or part time; flexible work schedules give you options should your eligibility advance.
- If you are healthy and able, delaying your CPP or OAS will greatly increase your monthly income.
- Look for policy pronouncements and budget proposals that deal with changes in contribution requirements or age eligibility.
Important Modifications to OAS and CPP In 2026
Although there isn’t an official “increase in retirement age,” a number of legislative changes essentially prolong working years:
- Enhanced Deferral Bonuses: Increased monthly rewards for postponing OAS and CPP till age 70.
- Automatic Enrollment for Eligible Seniors: To cut down on administrative delays, enrollment for seniors turning 65 is made simpler.
- Stricter Income Testing for OAS: Seniors with high incomes are now subject to more stringent clawbacks over $90,997 (the 2025 threshold).
- CPP Enhancement Phase-In: Higher earners’ benefit accruals and contribution rates are continuously being increased to 5.95%.
- GIS Modernization: Modifications to avoid benefit loss for seniors who continue to work part-time.
CPP & OAS Retirement Benefit Amount
| CPP Benefits at Maximum Age | $1430 |
| CPP Average Age Benefits | $850 to $900 |
| CPP Payouts at Early Age | Reduced Up To 36% |
| OAS at 65 to 74 years | $740 |
| OAS at 75+ years | $816 |
CPP & OAS Payout Dates 2026
| Month Name | CPP Dates For 2026 | OAS Dates For 2026 |
| January | 28 | 28 |
| February | 25 | 25 |
| March | 27 | 27 |
| April | 28 | 28 |
| May | 27 | 27 |
| June | 26 | 26 |
| July | 29 | 29 |
| August | 27 | 27 |
| September | 25 | 25 |
| October | 28 | 28 |
| November | 26 | 26 |
| December | 22 | 22 |
Fact Check
The information on How Working After 65 in 2026 Affects CPP & OAS may not be current and may not apply to your specific situation. CPP and OAS benefits can be affected by levels of income, contribution tastes and individual circumstances. This material should not be used as tax or legal advice. Always verify information with Government of Canada tools or go through the CRA official portal before going to apply.
FAQs On How Working After 65 in 2026 Impacts CPP & OAS
Can I receive OAS if I work beyond age 65?
Yes, employment does NOT factor into OAS eligibility.
Will working past 65 increase my CPP?
If you contribute, you can get Post-Retirement Benefits.
After the age of 65, do I still have to contribute to CPP?
Except if you opt out between 65 and 70, contributions are mandatory till age 70 if you are working and getting CPP.
Can I stop contributing to CPP after 65?
Yes, you can choose to stop making contributions if you’re between 65 and 70 years of age, and receiving CPP.
If I keep working after 65, does that affect my OAS?
If your income exceeds the OAS clawback level only.
Will earnings up my CPP payments or decrease them?
No, there is no income test for CPP.
If I am working, can I delay CPP beyond 65?
If you wait until 70, you will get bigger payments.
