Canada Pension Plan Cola Increase For 2025. For 2025, that means a maximum $188 in additional payroll deductions. Cpp and oas payment increase expected to be 4.7% as of.
The second phase of the canada pension plan (cpp) enhancement program has come into effect as of january 2025, and with it, the final cpp contribution. Once the cpp plan is phased in completely, the enhancement is set to grow canadians’ maximum cpp retirement benefit by about.