The Old Age Security (OAS) Program is a cornerstone of Canada’s retirement income system, offering financial support to eligible seniors. Unlike contributory pension plans, OAS is funded through general tax revenues and administered by Service Canada. The program undergoes regular reviews to ensure that payments align with inflation and cost-of-living changes. For 2025, the Canada Revenue Agency (CRA) has confirmed new OAS payment amounts, with eligible seniors aged 65 to 74 receiving $747.67 per month, and those 75 and older receiving $800.44 per month.
This article provides a comprehensive breakdown of the updated OAS benefits, eligibility criteria, and payment schedule for 2025. Whether you’re currently receiving OAS or planning to apply, staying informed about these updates can help you manage your finances effectively.
Overview of the $747 OAS Benefit 2025
| Post Title | $747 OAS Benefit 2025 |
|---|---|
| Year | 2025 |
| Country | Canada |
| Program Name | Old Age Security (OAS) |
| Issuing Agency | Canada Revenue Agency (CRA) |
| Eligibility | Seniors aged 65+ residing in Canada |
| Purpose | Financial support for senior citizens |
| Payment Frequency | Monthly |
| Next Payment Date | January 29, 2025 |
| Official Website | www.canada.ca |
Eligibility Criteria for OAS Payments in 2025
To qualify for the OAS pension, seniors must meet the following criteria:
- Must be a Canadian citizen or legal resident at the time of application.
- Must be 65 years of age or older.
- Must have resided in Canada for at least 10 years after turning 18.
- Income must not exceed the set thresholds:
| Age Group | Maximum Annual Income (2024) |
| 65 to 74 years | $148,451 |
| 75 years and older | $154,196 |
Seniors who have lived outside Canada may still be eligible for partial OAS payments based on their years of residency in Canada.
OAS Payment Schedule for 2025
The CRA deposits OAS payments monthly through direct deposit or mailed cheques. To avoid payment delays, seniors should ensure their banking details and mailing address are up to date. Below is the full payment schedule for 2025:
| Month | OAS Payment Date |
| January | 29th |
| February | 26th |
| March | 27th |
| April | 28th |
| May | 28th |
| June | 26th |
| July | 29th |
| August | 27th |
| September | 25th |
| October | 29th |
| November | 26th |
| December | 22nd |
Understanding OAS Adjustments and Inflation
OAS payments are indexed quarterly to reflect inflation and rising costs of living. The increase from $718 in 2024 to $747.67 in 2025 demonstrates the government’s commitment to maintaining seniors’ financial stability. While rumors about past payment reinstatements circulate, official CRA sources confirm that OAS rates are determined based on economic indicators such as the Consumer Price Index (CPI) and are not subject to arbitrary reinstatement.
Additional Benefits for Low-Income Seniors
Beyond OAS, low-income seniors may qualify for the Guaranteed Income Supplement (GIS), which provides additional financial assistance. Eligibility is based on income levels, and payments are automatically adjusted alongside OAS benefits.
Frequently Asked Questions (FAQs)
What is the current OAS payment for seniors aged 65 to 74 in 2025?
Seniors in this age group receive $747.67 per month.
How much do seniors aged 75 and older receive in 2025?
Seniors aged 75 and above receive $800.44 per month.
Will the $827 OAS payment from 2024 be reinstated in 2025?
No, the previous payment rates have been adjusted based on inflation, and the confirmed rates for 2025 are $747.67 for those aged 65-74 and $800.44 for those aged 75+.
How are OAS payments adjusted?
OAS payments are indexed quarterly to reflect inflation and changes in the cost of living.
What should I do if my OAS payment is delayed?
Check your banking information and ensure your details are up to date. If there is a delay beyond three business days, contact Service Canada at 1-800-277-9914.
Can I receive OAS if I live outside Canada?
Yes, but you must have lived in Canada for at least 20 years after turning 18 to qualify for full payments.
Final Thoughts
The $827 OAS Benefit for 2025 underscores Canada’s ongoing commitment to supporting its senior population. With indexed increases and a structured payment schedule, eligible seniors can expect reliable financial support throughout the year. Staying informed through official government channels can help seniors make the most of their benefits and avoid misinformation. If you’re nearing eligibility or already receiving OAS, be sure to review your details and plan ahead to maximize your retirement income.
For the latest updates, visit the official Service Canada website: www.canada.ca.