February 2026 CPP & OAS Payments Lower Official Reasons Explained

Описание: If you noticed your Canada Pension Plan or Old Age Security payment looks different this February compared to last month, you're not alone. Thousands of Canadian seniors are seeing unexpected changes to their deposits, and many are confused about whether this is an error, a government adjustment, or something they need to fix. This video breaks down the official reasons why CPP and OAS payments can change in February 2026, using information directly from Service Canada and the Canada Revenue Agency.
Understanding why your payment changed is critical, especially if you're on a fixed income and budgeting carefully each month. February is a common month for benefit adjustments due to annual indexing, tax withholding updates, income recalculations, and other legitimate government processes. This video walks you through each reason step by step, so you know exactly what's happening with your money and what to do next.
What This Video Explains:
• Why CPP and OAS payments may look different in February 2026 • How annual indexing affects your monthly deposit amount • Why income tax withholding can suddenly increase or decrease • How the OAS recovery tax (clawback) impacts your payment • What CPP post-retirement benefits are and when they get added • When payment changes are normal versus when to call Service Canada • How to check your payment breakdown in My Service Canada Account
Who Should Watch This Video:
This video is for Canadian seniors receiving CPP or OAS who noticed a change in their February payment and want to understand why. It's especially helpful if you recently withdrew money from your RRSP, had a change in income, received a letter from Service Canada you didn't understand, or are concerned that your benefit was reduced by mistake.
Verification & Official Sources:
All information in this video is based on current rules from Service Canada, the Canada Revenue Agency, and the Government of Canada. We encourage you to verify your specific situation by logging into your My Service Canada Account, reviewing your CRA Notice of Assessment, or calling Service Canada directly at 1-800-277-9914 for personalized assistance.
Join the Conversation:
Have you noticed a change in your CPP or OAS payment this February? Did you figure out the reason, or are you still trying to get answers from Service Canada? Share your experience in the comments below. Your story might help another senior understand what's happening with their payment.
If this video helped you understand why your payment changed, please subscribe to Retire Path Canada for clear, honest explanations of Canadian retirement benefits every week. We focus exclusively on CPP, OAS, GIS, and related programs—no investment advice, no sales pitches, just the government rules explained in plain language.
Chapters:
0:00 Introduction – Why February Payments Look Different 2:15 Annual Indexing and Timing Issues 6:30 Income Tax Withholding Changes 11:45 OAS Recovery Tax (Clawback) Explained 16:20 CPP Recalculations and Post-Retirement Benefits 20:15 What to Check in My Service Canada Account 23:40 Common Mistakes Seniors Make 26:10 What Happens Next and Future Adjustments 28:30 Summary and Next Steps
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