Some Canadians will receive their Canada Pension Plan (CPP) and Old Age Security (OAS) pension payments on Wednesday, Aug. 27.

Those eligible for these programs will receive payments from the government through the CPP and OAS pensions. While payment dates vary from month to month, both benefits are typically paid on the same day.

And if you’re still receiving your benefits in the mail, make sure to sign up for direct deposit to avoid delays in your payments. Not quite sure if you qualify for these benefits? Read on to see if you meet the requirements.

Canada Pension Plan (CPP) — Aug. 27

The CPP is a monthly, taxable benefit that’s meant to replace part of eligible Canadians’ income upon retirement and is paid for the rest of their lives.

To be eligible for this benefit, you must

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