To help make your monthly planning easier, we’ll pay your pension on the same day each month – the 22nd – and if the date falls on a holiday or a weekend, you’ll receive your pension payment the business day before.

Check out the pay schedule below:

2018 Pay Dates

  • January 22
  • February 22
  • March 22
  • April 20
  • May 22
  • June 22
  • July 20
  • August 22
  • September 21
  • October 22
  • November 22
  • December 21

2019 Pay Dates

  • January 22
  • February 22
  • March 22
  • April 18
  • May 22
  • June 21
  • July 22
  • August 22
  • September 20
  • October 22
  • November 22
  • December 20

Important: If you receive your pension payments by direct deposit, your payment will be deposited into your account on the dates shown in the list above.

Leaving Canada?

If you’re living outside Canada and have signed up for U.S. direct deposit or foreign direct deposit, your pension payment will be deposited in your local currency. Because currency conversion rates fluctuate daily, the amount of money deposited into your account will vary from month to month. The conversion rate from Canadian dollar to local currency is at the market rate at the time the money is transferred from our payment provider to your bank.

Note: While our payment provider does not deduct processing fees from your monthly pension, your local bank may charge you a fee for receiving the money.

If you move to the U.S.

1. Complete a OPB1095 – U.S. Direct Deposit Authorization (PDF) form. Your bank or institution representative will have to complete some sections.

2. Sign and date the form.

3. Send the form to us.

If you move outside of Canada and the U.S.

We’re currently expanding our direct deposit service to include more countries. Call us to learn more about the list of countries we offer direct deposit to.

If your country is on the list, you’ll need to:

1. Complete a OPB1096 – Foreign Direct Deposit Authorization (PDF) form. Your bank or institution representative will have to complete some sections.

2. Sign and date the form.

3. Send the form to OPB by email at clientservice@opb.ca, mail or fax 416-364-7578.

Questions?

If you have any other questions, please contact us.