In July 2025, Canadian seniors received a welcomed boost in their Old Age Security (OAS) pension payments. Starting June 29, the 1.0% increase began appearing in recipients’ bank accounts. This increase is part of the federal government’s effort to adjust OAS payments quarterly to reflect changes in the cost of living, as measured by the Consumer Price Index (CPI).
This article provides an in-depth look at the OAS increase, who qualifies, how to confirm your new payment amount, and what additional support may be available.
Summary Table: OAS Increase July 2025
| Topic | Details |
|---|---|
| Program Name | Old Age Security (OAS) |
| Effective Date | July 2025 (deposits started June 29, 2025) |
| Increase Rate | 1.0% Adjustment based on CPI |
| New Payment (Ages 65–74) | $727.67/month (was $720.47) |
| New Payment (Ages 75+) | $800.44/month (was $792.78) |
| Eligibility | Canadian seniors aged 65+ meeting residency criteria |
| Where to Check Payment | My Service Canada Account (MSCA) |
What Is Old Age Security (OAS)?
Old Age Security is a monthly pension provided by the Government of Canada to seniors aged 65 and older. It is not income-based but requires specific residency criteria to qualify. In addition to the base OAS payment, qualifying individuals may also receive other benefits such as the Guaranteed Income Supplement (GIS) and Allowances.
The OAS payment is reviewed every quarter to reflect the cost of living. These reviews are based on the CPI, which tracks inflation trends. If the cost of living goes up, OAS payments are adjusted accordingly.
OAS Increase Details for July 2025
Why the Increase?
The 1.0% increase effective July 2025 is a result of rising consumer prices, as measured by the Consumer Price Index. This ensures that seniors receiving OAS benefits maintain their purchasing power in the face of inflation.
New Payment Rates
| Age Group | Previous Monthly Payment | New Monthly Payment (July 2025) |
| Ages 65–74 | $720.47 | $727.67 |
| Ages 75+ | $792.78 | $800.44 |
These are maximum payment amounts. Your actual benefit may vary depending on your individual situation, such as taxable income and residence status.
How to Confirm You Received the Increase
If you’re unsure whether the OAS boost has been deposited into your account, here’s how you can verify:
1. Check Your Bank Account
Look for a payment labeled “Canada Old Age Security” deposited on or after June 29, 2025.
2. Use My Service Canada Account (MSCA)
Log in to your MSCA portal to view your payment history, current OAS amount, and future scheduled payments.
3. Contact Service Canada
If you have not received your payment within a few business days of the expected deposit date, contact Service Canada directly through their website or by visiting a local office.
OAS Eligibility Criteria
To receive OAS, you must meet the following requirements:
- Be 65 years of age or older
- Be a legal resident or citizen of Canada
- Have lived in Canada for at least 10 years since the age of 18 (20 years if applying from outside Canada)
If you’re applying from abroad, Canada must have a social security agreement with your country for you to remain eligible.
Other Benefits for Seniors Receiving OAS
Besides the base pension, the following supplemental programs are available to low- and moderate-income seniors:
1. Guaranteed Income Supplement (GIS)
This is a non-taxable monthly benefit for low-income seniors already receiving OAS. Eligibility is based on your income and marital status.
2. Allowance
Designed for spouses or common-law partners (aged 60 to 64) of GIS recipients. This benefit helps couples close the income gap before both partners reach retirement age.
3. Allowance for the Survivor
If your spouse or partner has passed away and you’re between 60 and 64 years of age, you may qualify for this monthly payment, depending on your income level.
For more details and to apply for any of these benefits, visit the Service Canada website.
When Is the Next OAS Payment Date?
The next scheduled OAS deposit is expected on July 29, 2025. Ensure your banking details are up to date through your MSCA account to avoid delays.
Keeping Your Information Updated
To ensure seamless payments and eligibility:
- Regularly check your MSCA portal
- Update your address and direct deposit details
- Notify Service Canada of changes in marital status or income
FAQs About OAS Increase
Q: How much did OAS increase in July 2025?
A: The OAS payment increased by 1.0%, bringing the maximum to $727.67 (ages 65–74) and $800.44 (ages 75+).
Q: When will I receive my next OAS payment?
A: The next scheduled payment date is July 29, 2025.
Q: Can I receive OAS if I live outside of Canada?
A: Yes, if you lived in Canada for at least 20 years after turning 18 or your country has a social security agreement with Canada.
Q: How do I apply for GIS or Allowance benefits?
A: You can apply through the Service Canada portal or by contacting your nearest Service Canada office.
Q: Are OAS payments taxable?
A: Yes, OAS benefits are considered taxable income and must be reported on your tax return.
Conclusion
The July 2025 Old Age Security increase comes as a timely relief for seniors coping with rising living expenses. With a 1.0% increase applied across the board, recipients aged 65–74 now receive up to $727.67 monthly, while those 75 and over receive up to $800.44.
If you haven’t already seen the deposit, log into your My Service Canada Account or check your bank statement for confirmation. Also, consider applying for supplemental benefits such as GIS or Allowance if eligible.
Staying proactive in managing your OAS entitlements ensures that you make the most of your retirement income.
Official Resource: Service Canada OAS Page
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