Canada Pension Plan Cola Increase For 2024. The maximum monthly cpp payment increased by 4.4% from $1,306.57 in 2023 to $1,364.60 in 2024. The following graph illustrates the increase in the cost of providing new cola’s each year.
Along with the canada pension plan. The maximum monthly cpp payment increased by 4.4% from $1,306.57 in 2023 to $1,364.60 in 2024.