The Old Age Security pension for 2025 (commonly known as OAS) is a fundamental pillar of senior benefits in Quebec and Canada. Designed to provide a basic income for seniors, it offers essential financial support to millions of Canadians and Quebecers throughout their retirement. In 2025, this benefit will continue to evolve to meet the needs of recipients. Discover key details about the 2025 Old Age Security pension, including payment amounts and the payment schedule for the year, along with other practical information.
Download and Print the 2025 Payment Schedule
2025 Payment Schedule for Old Age Security Pension and Canada Pension Plan
 Canada Pension Plan (CPP) Includes COPP retirement and disability benefits, child and survivor benefits |  Old Age Security pension (Québec) Includes OAS pension, Guaranteed Income Supplement, Allowance, and Survivor's Allowance |
Payment schedule
| January 29, 2025 |
| February 26, 2025 |
| March 27, 2025 |
| April 28, 2025 |
| May 28, 2025 |
| June 26, 2025 |
| July 29, 2025 |
| August 27, 2025 |
| September 25, 2025 |
| October 29, 2025 |
| November 26, 2025 |
| December 22, 2025 |
Click here to view the payment schedule for 2024 (last year).
These dates are important for beneficiaries as they indicate when they can expect to receive their benefits. It is advised to regularly check these dates, as they may be subject to change due to holidays or other factors. Additionally, if you have opted for direct deposit, ensure your banking details are up to date to avoid any delays in receiving your payments.
It is also useful to note that these payments are made monthly and are intended to provide regular support throughout the year. Financial planning considering these dates can help effectively manage your monthly expenses.
What Amounts Can You Expect?
The amounts of the Old Age Security Pension vary depending on several factors, including age and income. Here are the details of the maximum amounts for the various benefits in 2025:
Old Age Security Pension:
- For those aged 65 to 74, the maximum amount is $727.67 per month.
- For those aged 75 and over, this amount increases to $800.44 per month.
Guaranteed Income Supplement:
- For a single, widowed, or divorced person, the maximum amount is $1,086.88 per month.
- For those with a spouse or common-law partner receiving the full OAS pension, the maximum amount is $654.23 per month.
- If the partner does not receive the OAS pension or Allowance, the amount can reach $1,086.88 per month.
Allowance (for those aged 60 to 64):
- If the spouse received the GIS and the full OAS pension, the maximum amount is $1,381.90 per month.
Survivor’s Allowance (for ages 60 to 64):
- For a surviving spouse or common-law partner, the maximum amount is $1,647.34 per month.
These amounts are adjusted periodically to take into account changes in the cost of living, thereby ensuring that benefits remain aligned with the economic needs of beneficiaries.
Understanding the Old Age Security Pension for Retirement
The Old Age Security Pension (OAS) is a fundamental element of Canada's retirement system, offering financial support to elders aged 65 and over. This monthly benefit is intended for all Canadians aged 65 and over, regardless of their employment status or income history. It aims to provide a stable financial base for the elderly, contributing to their security and dignity in retirement.
What is the Old Age Security Pension?
The OAS pension is a benefit not tied to employment income, funded by general government tax revenues. It differs from the Canada Pension Plan (CPP), which is based on contributions from workers and employers. The OAS pension is adjusted quarterly to reflect changes in the cost of living as measured by the Consumer Price Index.
Registration for the Old Age Security Pension for Retirement
For most beneficiaries aged 65 and over, registration for the OAS pension is automatic, and you will receive a notification by mail if you are eligible. If you are not automatically enrolled, you will need to apply. It is recommended to make this application at least six months before your 65th birthday or the date you wish to start receiving the pension. Keep in mind that you can choose to defer the start of your benefits for up to five years to increase the monthly amount you will receive later.
It is important to understand that the OAS pension can be received even if you continue to work or have already retired. Additionally, it is available to all Canadians who meet the eligibility criteria, regardless of their previous income or labor market participation.
In summary, the Old Age Security Pension plays an essential role in ensuring basic financial support for Canadian seniors, contributing to their well-being and financial independence during their retirement years.
Eligibility Criteria for the Old Age Security Pension
To qualify for the Old Age Security Pension, individuals must meet specific criteria. These criteria vary slightly depending on whether you reside in Canada or abroad.
For residents in Canada:
- Age: You must be at least 65 years old.
- Residence: You must be a legal resident of Canada at the time of the pension application and have resided in Canada for at least 10 years since the age of 18.
- Citizenship: Canadian citizens and permanent residents are eligible for the OAS pension.
For residents abroad:
- Age: The minimum age is also 65 years.
- Period of residence in Canada: You must have lived in Canada for at least 20 years after the age of 18.
- Citizenship or past residence: Canadian citizens and certain residents, as per international social security agreements, may be eligible.
It is important to note that if you are not automatically enrolled, you must apply to receive the Old Age Security Pension. Delays in applying can lead to delays in receiving your benefits, although in some cases, you may be eligible for retroactive payment.
It should also be understood that eligibility rules may change, and it is recommended to check the most recent information on the government website or contact an advisor for up-to-date information.
The Old Age Security Pension is designed to be accessible to as many eligible Canadians as possible, providing crucial financial support to the country's aging population.
Legislative and Policy Updates Affecting the Old Age Security Pension
The Old Age Security Pension, like any government program, is subject to changes based on legislative and policy developments. It is advisable for beneficiaries and future beneficiaries to stay informed about modifications that could affect their benefits. Here is a summary of recent changes:
Pension Amount Adjustments: The amounts of the Old Age Security Pension are periodically reviewed to reflect changes in the cost of living. For example, in July 2022, the Old Age Security Pension was permanently increased by 10% for seniors aged 75 and over. These adjustments are important to ensure that the benefits remain in line with the current economic needs of the beneficiaries.
Legislative Reforms: Recent legislative reforms may have modified aspects of the pension, such as eligibility criteria, benefit amounts, or deferral policies. A major reform was recently announced, where the eligibility age for the Old Age Security Pension and the Guaranteed Income Supplement will gradually increase from 65 to 67 years between 2023 and 2029. Consequently, the eligibility age for the Allowance will also increase from 60 to 62 years. This reform has a significant impact on retirement planning for many Canadians. It is recommended to consult official sources for the most up-to-date information.
Staying informed with the latest legislative and policy updates allows you to make conscious decisions regarding your pension and financial future.
Guaranteed Income Supplement: Vital Support for Seniors and Retirees
The Guaranteed Income Supplement (GIS) is an additional benefit for seniors aged 65 and over who already receive the Old Age Security pension. Aimed at supporting seniors with modest incomes, the GIS provides critical financial support for daily needs. This program underscores Canada's commitment to ensuring a decent quality of life for all its elderly citizens, guaranteeing security and dignity in their retirement years.
Other Benefits You Might Be Entitled To
Did you know that the Old Age Security Pension can be combined with other benefits? Here are some of them:
- Guaranteed Income Supplement (GIS)
- Benefits for your spouse or common-law partner
- Survivor’s Allowance
Certain tax credits may also be available to you. For more information, you can consult the articles Am I eligible for senior tax credits and allowances? and Tax credit for seniors in private residence in Quebec.
Change of Living Environment in Retirement: Advantages of Living in a Senior Home
Imagine a place where security, well-being, and community harmoniously converge, and where your pensions and benefits bring financial serenity. Retirement homes embody this haven of peace, specifically designed for the needs of seniors. With your Old Age Security Pension and other benefits, you have the financial freedom needed to fully enjoy this new stage of life. At Bonjour Résidences, we help you find the ideal place that combines comfort, security, and serene financial management. Need assistance in evaluating your housing options in senior homes? Bonjour Résidences is by your side.
FAQ: Everything You Need to Know About the Old Age Security Pension
Q: What is the Old Age Security Pension?
A: The Old Age Security (OAS) pension is a monthly payment provided to eligible seniors in Canada starting at age 65.
Q: At what age can I start receiving the Old Age Security pension?
A: You can start receiving it at age 65.
Q: Can I receive the pension if I continue to work?
A: Yes, you can receive the pension while continuing to work.
Q: How are the pension amounts adjusted?
A: The amounts are adjusted quarterly based on the Consumer Price Index.
Q: What happens if I have not resided in Canada long enough?
A: You may still be eligible for a partial pension, depending on the number of years of residence.
Q: Is my Old Age Security pension taxable?
A: Yes, the pension is considered taxable income.
Q: What will be the increase in the Old Age Security pension in 2025?
A: The increase will depend on the quarterly adjustment based on the Consumer Price Index.
Q: Who is eligible for Old Age Security pension in Canada?
A: All Canadian citizens and permanent residents aged 65 and over who have resided in Canada for at least 10 years.
Q: What is the maximum amount of Quebec pensions?
A: The amount varies each year. Check the Retraite Québec website for current amounts.
Q: What will be the increase in the Old Age Security pension in 2025?
A: The increase will depend on the quarterly adjustment based on the Consumer Price Index.
Q: What date is the Old Age Security pension paid?
A: Payments are made monthly on fixed dates, usually at the end of the month.
Q: When will the next increase in the Old Age Security pension be in 2025?
A: Increases are usually announced quarterly, based on the CPI.