If you’re nearing retirement or already enjoying your senior years, keeping up with changes to Old Age Security (OAS) can help you stay financially secure. In July 2025, seniors across Canada will see updated OAS payment amounts, including increases for those aged 75 and over. Whether you’re applying for the first time or already receiving benefits, it’s important to know how much you could get, who qualifies, and what additional support programs are available.
Below, we’ll walk through eligibility rules, updated payment amounts, clawback thresholds, how to apply, and more.
Table of Contents
Overview
| Feature | Details |
|---|---|
| Payment Date | July 28, 2025 |
| Monthly Payment (Age 65–74) | Up to $727.67 CAD |
| Monthly Payment (Age 75+) | Up to $800.44 CAD |
| Eligibility Age | 65 years or older |
| Clawback Threshold | Starts at $86,912 CAD |
| Full Elimination Income | $142,609 (65–74), $148,179 (75+) |
| GIS Availability | Yes, for low-income seniors |
| Official Info | Canada.ca – OAS Information |
What Is OAS?
Old Age Security (OAS) is one of Canada’s three main retirement income programs, alongside the Canada Pension Plan (CPP) and private savings. Funded by general tax revenue, OAS is available to eligible Canadian seniors and is not tied to work history.
Unlike CPP, which depends on how much you paid into the program, OAS is based on your age and how long you’ve lived in Canada. This makes it a vital safety net for seniors who may not have earned income or private pensions.
Who Is Eligible for OAS?
You may qualify for OAS if you meet these basic criteria:
- You are 65 years old or older
- You are a Canadian citizen or legal resident at the time of approval
- You have lived in Canada for at least 10 years after turning 18
If you’re living outside Canada:
- You must have been a Canadian citizen or legal resident when you left
- You must have lived in Canada for at least 20 years after turning 18
Payment Amounts
OAS amounts are reviewed quarterly based on inflation. For July 2025, here’s what eligible seniors can receive:
- Ages 65 to 74: Up to $727.67 per month
- Ages 75 and older: Up to $800.44 per month
Seniors aged 75+ receive an extra boost due to higher expected medical and living costs. This increase was first introduced in 2022 and remains in effect for 2025.
OAS Clawback
OAS is taxable income, and if your income is high enough, some or all of your payments may be reduced through the OAS recovery tax, also called the clawback.
Clawback Thresholds for 2025
- Starts at: $86,912 CAD
- Full OAS ends at:
- $142,609 CAD for ages 65 to 74
- $148,179 CAD for ages 75 and older
For every dollar over the threshold, your OAS is reduced by 15 cents. You’ll need to report your OAS payments and total income on your annual tax return.
What Is the GIS?
The Guaranteed Income Supplement (GIS) is an extra, non-taxable benefit for low-income seniors receiving OAS. It helps reduce poverty among elderly Canadians by offering monthly financial support.
GIS Eligibility
You must:
- Be receiving OAS
- Have income below a certain level (excluding OAS)
Income Limits for GIS (2025)
- Single senior: Less than $21,624 CAD
- Couple (both on OAS): Combined income under $28,560 CAD
- Couple (only one on OAS): Combined income under $51,840 CAD
GIS amounts vary by situation. Use the Government of Canada’s online calculator to estimate your GIS payment.
How to Apply for OAS
Some people are enrolled automatically, but many need to apply. It’s best to apply six months before your 65th birthday.
Online
- Go to My Service Canada Account
- Click on “Apply for OAS”
- Submit your application online
By Mail
- Download the application from the Canada.ca website
- Complete and sign the form
- Mail it along with any required documents (proof of residence, SIN, ID)
Delay Option
You can choose to delay your OAS payments past age 65. For every month you delay, your monthly amount increases by 0.6%, up to 36% if delayed until age 70.
This can be a smart move if you expect to work longer or don’t need the income immediately.
FAQs
When is the next OAS payment?
July 28, 2025.
How much will I get from OAS in 2025?
Up to $727.67 (65–74) or $800.44 (75+).
Is OAS income taxable?
Yes, it must be reported on your tax return.
Can I delay my OAS?
Yes, up to age 70 for increased payments.
Who qualifies for GIS?
Low-income seniors already receiving OAS.
