A $1,360 CPP direct deposit scheduled for August 2025 is generating buzz—but this isn’t a guaranteed bonus for all retirees. Here’s what’s really going on, who qualifies, and when you’ll see that payment.
What Is the $1,360 CPP Deposit?
- This sum represents a retroactive adjustment, not a recurring bonus or inflation bump.
- It’s issued when previous benefit calculations missed enhancements or contributions—especially from the post‑2019 CPP enhancement phase—resulting in corrections added as a one-time lump sum.
- Not every CPP recipient will receive this amount. Only those with identified underpayments or unprocessed entitlements may see such an adjustment.
Payment Date & Schedule
- The official deposit date is Wednesday, August 27, 2025, covering CPP benefits and any related adjustments.
- CPP payments consistently fall on or around the last business days of each month. For 2025, the schedule is:
| Month | CPP Deposit Date |
|---|---|
| August 2025 | August 27 (Wednesday) |
| September | September 25 (Thursday) |
| October | October 29 (Wednesday) |
| November | November 26 (Wednesday) |
| December | December 22 (Monday) |
Who Might See the $1,360 Adjustment?
Eligible recipients may include:
- CPP contributors from the enhanced CPP period (post‑2019) whose benefits were under-calculated.
- Pensioners whose calculations were recently reviewed, revealing discrepancies.
- Those with deferred pensions or missed payment months due to record updates.
Broader CPP & OAS Context
- While some will get $1,360, others may notice other sums—some recipients even report $2,500 windfall checks resulting from combined CPP and OAS retroactive adjustments. But these are also not standard or guaranteed across the board.
- The maximum standard CPP monthly amount for age 65 (with full contributions) is $1,433 in 2025.
Community Insight
On forums like r/PersonalFinanceCanada, retirees emphasize checking the My Service Canada Account (MSCA) and ensuring direct deposit info is accurate:
“…log in there and see payments or any documents related to CPP…”
“Wait 1–2 business days (delays are common) and make sure the correct bank details are on file.”
The $1,360 CPP deposit slated for August 27, 2025, is a one-off retroactive correction—not a new or ongoing benefit.
It’s the result of careful review of past contributions, pension start dates, or record updates. If you’re eligible, no application is needed, and the adjustment should land directly in your account if your details are current.
Keep an eye on your My Service Canada Account and your banking updates to stay informed.
