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If you're expecting a full 2% cost of living increase on your January 2026 CPP payment, you might be surprised when you check your bank account. Thousands of Canadian retirees could see a smaller deposit than anticipatedand there are several important reasons why. In this video, we explain exactly what's happening with your CPP adjustment, why your payment might look different than expected, and what steps you should take to ensure you're receiving every dollar you're entitled to. 🇨🇦 What You'll Learn: How the CPP cost of living adjustment is calculated each year Why Statistics Canada's Consumer Price Index determines your increase The real reasons your January payment might appear lower than expected How tax withholding changes can offset your benefit increase What GIS recipients need to know about income-tested adjustments How to verify your payment through My Service Canada Account When to contact Service Canada and what to ask Tips for tracking your benefits and avoiding payment confusion 00:00 Introduction – The January Payment Surprise 01:45 How CPP Cost of Living Adjustments Actually Work 04:20 What We Know About the 2026 Increase 07:10 Reason One – Processing Timing and System Updates 09:35 Reason Two – Income Tax Withholding Changes 12:00 Reason Three – GIS Income Testing Effects 14:25 Reason Four – Overpayment Recovery Adjustments 16:40 How to Verify Your Payment Is Correct 18:15 Contacting Service Canada – What You Need to Know 📺 Subscribe to Retire Path for weekly updates on CPP, OAS, GIS, and all federal benefits for Canadian seniors. We provide accurate, trustworthy pension information to help you maximize your retirement income. 🔔 Turn on notifications so you never miss important benefit changes or payment updates that could affect your finances. #CPP #OAS #GIS #CanadaPension #CPP2026 #SeniorBenefits #ServiceCanada #RetirementCanada #PensionUpdate #CanadianSeniors DISCLAIMER: I am not a financial advisor. This video is for educational purposes only. Please consult a certified financial planner or Service Canada for your specific situation.