For Canadian seniors, Old Age Security (OAS) is a vital financial support program that helps cover the cost of living during retirement. In August 2025, the Canada Revenue Agency (CRA) has confirmed a modest increase in OAS payments, with eligible seniors receiving up to $808.45, depending on their age.
With the rising cost of essentials like groceries, transportation, and housing, every dollar counts. Here’s a detailed look at the updated OAS payment schedule, eligibility criteria, monthly amounts, and everything else seniors need to know.
What Is OAS and How Much Will You Receive in August 2025?
Old Age Security (OAS) is a government-funded pension for Canadians aged 65 and older, intended to provide basic income support in retirement. OAS amounts are adjusted quarterly in January, April, July, and October to account for inflation.
For August 2025, here are the maximum monthly OAS amounts:
| Age Group | Maximum Monthly OAS (August 2025) |
|---|---|
| Age 65 to 74 | $734.95 |
| Age 75 and older | $808.45 |
| With GIS (Est.) | Up to $1,800+ |
These increases reflect the ongoing efforts by the federal government to support seniors as inflation impacts daily expenses. OAS payments never decrease, even if inflation stabilizes.
OAS August 2025 Payment Date
The August 2025 OAS payment is scheduled to be deposited on Tuesday, August 27.
- If you’re enrolled in direct deposit, the funds will appear in your bank account on that day.
- If you receive cheques by mail, allow a few additional business days for delivery.
OAS payments are typically made at the end of each month, and seniors are encouraged to sign up for direct deposit to avoid delays.
OAS Eligibility Requirements
To qualify for OAS in Canada, you must meet the following conditions:
- Be 65 years of age or older
- Be a Canadian citizen or legal resident
- Have lived in Canada for at least 10 years after the age of 18
If you live outside Canada, you’re still eligible if you have lived in Canada for at least 20 years as an adult.
High-income seniors may face a clawback, requiring them to repay part of their OAS.
OAS Clawback Thresholds for 2025:
| Age Group | Net Annual Income Threshold |
|---|---|
| Age 65 to 74 | $148,541 |
| Age 75 and older | $154,196 |
If your annual income exceeds these thresholds, a portion or all of your OAS payment may be recovered through taxes.
How to Apply for OAS Payments
Most Canadians are automatically enrolled in OAS by Service Canada around their 64th birthday. If you are not automatically enrolled or want to apply earlier or later, you can apply manually through:
- My Service Canada Account (online)
- Mailing a paper application
- Visiting a Service Canada office in person
You can start receiving OAS anytime between age 65 and 70. Delaying your payments can increase your monthly amount by up to 36%.
Is OAS Considered Taxable?
Yes, Old Age Security payments are taxable income in Canada.
By default, no tax is withheld from your OAS unless you request voluntary deductions. This can help avoid a surprise tax bill at the end of the year. You can set up tax withholding through:
- My Service Canada Account
- Submitting a federal form manually
Remaining 2025 OAS Payment Dates
Here’s the full list of upcoming OAS payment dates for the remainder of 2025:
| Month | Payment Date |
|---|---|
| August | August 27, 2025 |
| September | September 25, 2025 |
| October | October 29, 2025 |
| November | November 26, 2025 |
| December | December 22, 2025 |
Guaranteed Income Supplement (GIS) Add-On
If your income is below a certain threshold, you may also qualify for the Guaranteed Income Supplement (GIS)—an additional benefit added to your OAS.
GIS can increase your total monthly benefit to over $1,800, depending on factors like:
- Household income
- Marital status
- Whether your spouse receives OAS/GIS
The August 2025 Old Age Security payment provides a modest but meaningful boost for seniors across Canada. With payments now reaching $808.45 for those aged 75+ and opportunities to receive additional support through GIS, it’s important for seniors to stay informed and ensure their eligibility is up to date.
If you’re not yet receiving OAS or GIS, now is the time to apply, enroll in direct deposit, and consider voluntary tax deductions to better manage your financial future.
These government programs are designed to help you maintain stability and dignity throughout your retirement years.
FAQs
Can I receive both OAS and GIS?
Yes. If your income is low enough, you may qualify for the Guaranteed Income Supplement in addition to your OAS.
Is OAS paid automatically at 65?
In many cases, yes. But if you don’t get a notification from Service Canada, you should apply manually to avoid delays.
Will OAS payments go up again in 2025?
OAS is adjusted quarterly for inflation, so further increases may be announced in October 2025